India leads Asia-Pacific office leasing with 70% share: Colliers

Why this matters

India’s dominance in Asia-Pacific office leasing, accounting for 70% of activity according to Colliers, underscores a significant realignment in regional capital flows and occupier demand. For US institutional investors and capital allocators, this concentration signals a bifurcation within the office sector: while many global gateway markets wrestle with structural challenges—remote work, oversupply, and tenant caution—India’s office market appears to be absorbing a disproportionate share of leasing momentum. This suggests that capital seeking growth and income in office real estate may increasingly pivot toward emerging markets with robust economic expansion and urbanization dynamics, rather than traditional Asia-Pacific hubs. From a lending perspective, the concentration of leasing activity in India may influence underwriting and risk appetite, as lenders recalibrate exposure to markets demonstrating resilient demand. It also highlights the importance of granular market analysis within Asia-Pacific, rather than treating the region as a monolith. For allocators, the data point invites a reassessment of portfolio positioning, particularly for those underweight emerging market offices or hesitant on Asia-Pacific exposure amid global economic uncertainties. Ultimately, India’s outsized share of leasing activity could presage a longer-term shift in regional office fundamentals and capital allocation patterns.

Editorial analysis · AI-assisted

On the RET wire

• Disclosed office deal value tracked in August 2026: $15.4B across 54 reported transactions. All Office coverage →
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Computed from Real Estate Trail’s own tracked coverage

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