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Business Confidence Rises: Report
The Business Guardian
|February 19, 2025
He added, "However, the supply has increased in the market by 15 percent in Mumbai."
TDG NETWORK NEW DELHI Business confidence across the Asia-Pacific region continues to rise, driven by increasing demand and declining interest rates, according to Colliers’ Q4 2024 APAC Cap Rates report.
The report highlights a surge in consumer spending during the festive season, benefiting retail markets in major cities such as Auckland, China, Hong Kong, Bangkok, and Bengaluru. In Bengaluru, strong commercial demand has outpaced supply, leading to lower vacancy rates.
Rental and capital values for Grade A commercial offices along key business corridors, including Outer Ring Road (ORR), North Bengaluru, and Whitefield, have seen significant appreciation.
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