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Survey-Corporate real estate occupiers bullish on expanding offices

Posted by BrickAcres on February 4, 2016
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Corporate realty occupiers are bullish on expanding
their offices across the country in next two years, says a
survey.
As per survey, respondents across major industry sectors
remained bullish on their India expansion plan and are also
likely to increase their headcount by 5-20 per cent in the
next 2 years.
“The findings of our survey indicate that office occupier
sentiment is largely positive towards India’s business
environment for the next few years,” said Anshuman Magazine,
Chairman and Managing Director of CBRE South Asia.
The choice of corporate workplace is being progressively
driven by three objectives Talent (cost and availability),
Infrastructure (physical and social) and Real Estate Options
(cost and availability), it pointed out.
Respondents of the survey included corporates based across
different industry sectors and representatives of typical
Indian office space occupiers.
About 80 per cent of respondents from industries such as
IT/ITeS, research, consulting and analytics, media, e-commerce
and BFSI are aiming for a 20 per cent increase in employee
headcount over the next two years, it added.

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