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Covid-19 impact: Office vacancy likely to increase in coming quarters

The demand-supply scenario has also remained similar over the past few quarters

office, workplace, jobs, employees, staff, worker, employment, commercial property, rent

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Raghavendra Kamath

1 min read Last Updated : Nov 11 2020 | 1:17 AM IST

While office rents have remained stagnant in the recent quarters of the calendar year 2020, office vacancy rates have risen steadily due to Covid-related issues.

Vacancies are likely to increase in the coming quarters before they see a trend reversal.

The demand-supply scenario has also remained similar over the past few quarters, according to the data released by CRE MATRIX.

Topics : office industry job vacancies

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