'B'luru's Q4 office leasing surges 15x to 8M sq'

Bengaluru, NT Bureau: Bengaluru saw a 15-fold jump in net office leasing during the quarter due to many large leasing transaction from corporates as well as low base effect, according to Cushman & Wakefield.

Real estate consultant Cushman & Wakefield said on Saturday that the net leasing of office space stood at 18.63 million sq ft during the October-December period across major eight cities as against 9.06 million sq ft in the year-ago period.

The Bengaluru office market achieved the highest volume and also maximum surge in percentage term during the current quarter of this calendar year.