Leasing for GCCs Rises 24% in FY25; Bengaluru Leads with 65% Share in Office Absorption: Vestian

Office rent in Hyderabad sees 10 pc rise in first half of 2025

Hyderabad: Office rent in Hyderabad has seen a 10 % increase from January to June 2025. The transaction volume in office spaces rose to 16 % reaching 5.9 million  square feet. Among various sectors, third party IT services take up 45% of office spaces and Global Capacity Centers (GCCs) 40%. These firms, which accounted for a mere 11% of total absorption in the first half of 2024, have surged to capture 45% of the market in the first half of 2025…

Leasing for GCCs rises 24% in FY25; Bengaluru leads with 65% share in office absorption: Vestian

Leasing of office space for Global Capability Centres (GCCs) rose by 24% in FY 2025, reaching 31.8 million sq ft across seven major Indian cities

GCCs Drive Office Leasing Surge In India FY25, Led By Fortune 500 Giants: Report

In terms of value, GCC absorption increased by 24 per cent during the same period, reaching 31.8 million square feet, said the report by Vestian

Structured Hybrid’s Rise and the Future of Office Space

Dr. Gleb Tsipursky offers insight on the Q2 2025 Flex Report, explaining the rise in structured hybrid office spaces. The post Structured Hybrid’s Rise and the Future of Office Space appeared first on Work Design Magazine.

GCCs record rise in office leasing during FY25

Fortune 500 companies lead

Office Space Demand From GCCs Rises 24% In FY25 To Nearly 32 Million Square Feet: Vestian

Leasing of office spaces to set up Global Capability Centres increased by 24% last fiscal to 31.8 million square feet across seven major cities, according to a report.Data from real estate consultant Vestian showed that the leasing of office space to establish GCCs stood at 31.8 million (318 lakh) square feet in 2024-25 as against 25.6 million (256 lakh) square feet in the preceding year."Over the past couple of years, GCCs have been the primary…