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Co-working office space leasing dips by 43%: CBRE report
- Leasing of co-working office space in India declined by 43% in Q1 2025, according to CBRE report.
- Co-working operators rented 21.6 lakh sq ft compared to 37.6 lakh sq ft in the same period last year.
- Co-working space operators accounted for 12% of total office leasing, down from 22% in the year-ago period.
- The demand for flexible managed workspace rose significantly post-COVID-19 pandemic.
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