Home GCCReal Estate Gccs: Gcc Share In Commercial Real Estate Is On The Rise | Bengaluru News

Gccs: Gcc Share In Commercial Real Estate Is On The Rise | Bengaluru News

by admin

Bengaluru: The share of global capability centres (GCCs) of foreign firms in total office space leased in India is steadily rising. Colliers, a real estate management firm, says the space leased by GCCs in 2023 is the highest since 2020. The firm says GCCs — technology and shared services arms of MNCs — have become a significant part of commercial real estate since the pandemic. In the decade prior to that, IT firms dominated.Colliers data shows that in 2020, about 17 million sqft was leased by GCCs. That dropped to 15 mn in 2021 and…

Source link

You may also like

About Us

GCC Weekly™ curates,  aggregates and disseminate socio-economic, technology and political news about the Gulf Corporation Council (GCC) member countries. Six Middle East countries that make GCC are Bahrain, Oman, Kuwait, Saudi Arabi, Qatar and United Arab Emirates.


GCC Weekly™, in collaboration with Arab Newswire, publishes and distributes press releases to media in the GCC countries. For more information on press release distribution, complete the form on the right or contact us by using any of the social media handles shown below.


WhatsApp: +1 832-716-2363
Skype: groupwebmedia
Telegram: @groupwebmedia

Contact Us

Recent News

GCC Weekly™ is part of GroupWeb Media Network. © 2024 GroupWeb Media LLC