The growing demand for green-certified office spaces is reshaping the commercial real estate market, with nearly all REIT stock now rated green
The country’s commercial real estate sector is experiencing growing demand for certified green buildings. Tenants, particularly global capability centres (GCCs) and IT/IT-enabled services (ITeS) companies, which collectively account for 50-60% of net office leasing, are increasingly seeking sustainable, eco-friendly spaces.
This shift is driven by rising environmental compliance requirements and heightened awareness of sustainability, according to rating agency CRISIL on February 25. Read more
Other recent news
Let's Connect Deeper
I'm the voice behind Open House. The pursuit of excellence has been the guiding principle of my life, driving me to continuously strive toward my fullest potential to achieve maximum impact.