Office space absorption up 26% in April-June

Written by fe Bureau | Mumbai | Updated: Jul 3 2014, 13:44pm hrs
The three months of April-June 2014 saw an approximately 26% q-o-q increase in total office space absorption across prime locations, from a little more than 6 million square feet in January-March to nearly 8 million square feet, says a CBRE report. New Grade A office space addition, grew 3% q-o-q across seven leading cities to nearly 7 million sq ft.