Report: Global firms take 72% share in India's flex space market

Driven by global demand, India has emerged as one of the world’s most mature flexible office ecosystems, with international firms accounting for a staggering 72 per cent of flex space absorption in 2024, according to Cushman & Wakefield’s Global Trends in Flexible Office 2025 report.As per the report the remaining demand of 28 per cent was made by startups which are leveraging flexible offices to fuel growth, manage costs, and attract talent in a competitive landscape.Scoring a perfect 100 on Cushman & Wakefield>s maturity index, India has outpaced its global peers with well-established office markets, in-

- TBG NETWORK

cluding the United Kingdom at 98 per cent, France at 97 per cent, the United States at 81 per cent, and both Japan and Singapore at 77 per cent respectively.The maturity score has been calculated by a comprehensive assessment of key industry metrics, including flexible inventory as a percentage of total office space, the number of flexible providers present in the market, leasing activity of flexible provider