Bengaluru has the highest flexible stock of Grade-A assets among 12 major Asia-Pacific (APAC) cities, according to CBRE’s H2 2022 report on the flexible office market in the region. As of September 2022, Bengaluru had 10.6 million sq ft of Grade-A flexible stock, ahead of Shanghai, Beijing, Seoul, Tokyo, and Singapore, the study reveals.
Shanghai and Beijing ranked second and third in the top 12 APAC cities with the highest flex stock.
Other than Bengaluru, two other Indian cities, Delhi-NCR (6.6 million sq ft) and Hyderabad (5.7 million sq ft), also had high levels of flexible stock in the APAC