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Lockdown 2.0: Office space leasing sees 37% fall on coronavirus outbreak

Companies deferred their decision to hire workspace amid global economic slowdown caused by Covid-19, according to Cushman & Wakefield.

office space, co-working space
Representative image
Agencies
1 min read Last Updated : Apr 18 2020 | 1:59 AM IST
Net leasing of office space fell 37 per cent during January-March of the current year to nearly 7.4 million sq ft across eight major cities as companies deferred their decision to hire workspace amid global economic slowdown caused by Covid-19, according to Cushman & Wakefield.


Topics :CoronavirusIndian companiesOffice spacesOffice space leasing

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