Office rentals, demand set to drop as coronavirus crimps corporate appetite

By Swet Sarika

  • 22 Apr 2020
Premium
Credit: Pixabay

The coronavirus-led slowdown has come as a speed-breaker for the commercial real estate sector in the country and may impact rental incomes, supply and absorption in the next few quarters, industry executives and analysts say. Rental incomes of office space developers are likely to fall 10-25% in coming months as companies ......

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