You Searched for: gross absorption
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BofA Strikes a Box Office Commercial Office Space Deal in Chennai - DLF Downtown Taramani
Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.
- 27th Dec 2023
- 1347 Views
Office Leasing in India Exceeded 2016-2018 Average Office Leasing Numbers in 2021
This is surely good news for commercial real estate in India. According to prominent real estate companies, office gross absorption in India's top six cities was over 33 million square feet, a 10% increase over 2020.
- 25th Jan 2022
- 1552 Views
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