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The Largest Office Space Occupiers in 2015

IT/ITes firms continued to be the biggest occupiers of office space in India in 2015.

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The Largest Office Space Occupiers in 2015

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  1. IT Firms Biggest Office Occupiers in 2015 Commercial Office Bangalore

  2. IT services firms continued to be the largest occupiers of office space in the country in 2015. Tata Consultancy Services,overtook consultancy firm Deloitte in 2015 as the largest office space occupier. TCS occupied 1.8 million sq ft space in Mumbai during the year, while Deloitte took 1.3 million sq ft space in Hyderabad in 2014. Occupiers of 2015

  3. According to the property advisory firm, IT and ITeS firms accounted for 56% of the demand for office space in 2015.While other sectors such as banking and financial services, engineering and manufacturing, and e-commerce collectively contributed about 29% to the total leased space during the year.This will be the slowest pace of growth for these companies since the global financial crisis of 2008.

  4. DLF said it managed to find takers for its entire 8.5 lakh sq ft One Horizon Centre in Gurgaon. Leased 40% of 5 lakh sq ft office space launched in Chennai recently. Large transactions in 2015 included Accenture alone taking 4 lakh sq ft in Hyderabad and 3.5 lakh sq ft office space in Chennai. Qualcomm, which took 3.8 lakh sq ft in Hyderabad and Oracle,which took 4 lakh sq ft space in Bengaluru. Siemens took 3.5 lakh sq ft space in Pune. Location Took By Companies

  5. India's office space absorption in 2015 stood at 35 m sq ft, the second-highest figure since 2011.The demand for office space in 2011 came from occupiers taking advantage of low rents after the global financial crisis. This year we will also see demand for build-to-suit properties, especially from the larger IT occupiers.While the absorption in 2015 is similar to 2011, it is distributed across new and old buildings; previously it was largely in newly completed buildings.

  6. http://www.commercialofficebangalore.com http://timesofindia.indiatimes.com/tech/tech-news/IT-ITeS-firms-biggest-office-occupiers-in-2015/articleshow/50544350.cms Reference:

  7. Thank You...

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