Archive · 19 Dec 2025
Office Leasing Surges, REITs Expected by 2026
Office leasing in India has reached a record high of 60 million square feet in the first nine months of 2025.
Anshuman Magazine, the CEO of CBRE India, expects office leasing to grow by 4-5% in 2025 compared to 2024.
He also predicts that a couple more Real Estate Investment Trusts (REITs) will be listed by 2026.
The residential market's performance varies by region and city, with factors like interest rates playing a role.
Warehousing is facing challenges due to rising land prices, but demand for logistics is still strong.
Data centres are driving demand for commercial properties, although they take longer to build and require significant investment.
Office leasing in India reached 60 million sq. ft. in the first nine months of 2025, the highest ever recorded.
Anshuman Magazine expects office leasing to grow by 4-5% in 2025 compared to 2024.
A couple more REITs are expected to be listed by 2026 after consolidating portfolios and completing paperwork.
The residential market's performance varies by region and city, with interest rate reductions being positive for the segment.
Warehousing faces challenges due to rising land prices, but demand for logistics is still strong, driving the need for cheaper land.
- Who
- Anshuman Magazine, Chairman & CEO of CBRE India, South-East Asia, Middle East & Africa
- What
- Office leasing surges, REITs expected by 2026, residential market varies by region, warehousing challenges, data centres driving demand
- When
- Office leasing data up to September 2025, REITs expected by 2026
- Where
- India, with specific mentions of Mumbai, Gurgaon, Bangalore, Chennai, Hyderabad, NCR, Worli, Andheri, Whitefield, Sarjapur Road, Ring Rd, Gurgaon, Noida, Ghaziabad
- Why
- Office leasing is growing due to strong demand, REITs are expected to list after consolidating portfolios, residential market behavior varies by region, warehousing faces challenges due to rising land prices, data centres are driving commercial property demand due to their long-term stay and specific requirements
- Office Leasing
- 60 million sq. ft. (Jan-Sep 2025)
- 2024 Office Leasing
- 81.4 million sq. ft.
- Expected 2025 Office Leasing Growth
- 4-5% higher than 2024
- REITs Timeline
- Expected by 2026
- Residential Market
- Varies by region and city
- Warehousing Challenge
- Land prices rising faster than rents
- Data Centre Demand
- Driving commercial property demand
