Bengaluru records highest office space lease in APAC in Jan-Mar

Bengaluru witnessed highest leasing volumes of office space in Asia Pacific during the first quarter of 2016, according to a report by a property consultant. Bengaluru saw the highest leasing volumes in Asia Pacific on the back of big-ticket transactions, while Tokyo saw good pre-commitments on upcoming supply. Delhi came third on the back of healthy leasing activity as also pre-committed space becoming operational. This quarter did not see a Chinese city figure in the top-3 as new leasing was down in Beijing and Shanghai – partly due to the timing of new supply and less available space.

Read more: Business Standard