India Dominates Asia Pacific Office Leasing with 68% Share in 2025
Synopsis
A recent report reveals that India is leading the Asia Pacific office leasing market, accounting for 68% of total demand in 2025. The findings highlight India's pivotal role in shaping the region's office dynamics and its sustained growth potential.
Key Takeaways
India leads the Asia Pacific office leasing market with a 68% share in 2025.
New office supply increased by 19% across the top 11 APAC markets.
Strong demand for Grade A office spaces is evident in major markets.
Vacancy levels are expected to tighten, influencing rental prices.
Strategic considerations will shape the future of office space acquisition in the region.
Bengaluru, March 5 (NationPress) - In 2025, the demand for office space in the Asia Pacific region surged by 11 percent, with India alone representing an impressive 68 percent of the total leasing and 55 percent of the new supply among the leading 11 APAC markets, according to a report released on Thursday.
The overall office leasing across these 11 key markets reached 9.8 million square metres (approximately 105.5 million square feet) in 2025, marking an 11 percent increase year-on-year, largely driven by strong demand for Grade A office spaces in significant markets such as India, Mainland China, and Japan, as per the Colliers’ ‘Asia Pacific Office Market Insights February 2026’ report.
New supply in the top 11 markets also saw a 19 percent year-on-year increase, amounting to 9.6 million square metres (around 103.3 million square feet), closely following the demand trends.
Eight out of the eleven markets observed a growth in supply during 2025, with India, Mainland China, and Singapore contributing to 82 percent of the year’s total supply, the report highlighted.
“As we look to 2026, demand and supply are anticipated to continue their robust trend, bolstered by consistent occupier growth and a preference for high-quality, future-ready workplaces. Vacancy rates are expected to further tighten, pushing rental prices upward across major markets, including India,” stated Arpit Mehrotra, Managing Director, Office Services at Colliers India.
India is firmly establishing itself as a pivotal player in the APAC office market, solidifying its position as a significant demand center and investment hub.
Supported by steady economic growth, a solid occupier base, and expanding Global Capability Centers (GCCs), India’s office market is well-positioned to maintain its growth trajectory, as noted in the report.
“Looking forward, sustained demand and institutional interest are projected to foster robust absorption and reinforce India’s status as a favored destination for long-term office investments,” remarked Vimal Nadar, National Director and Head of Research at Colliers India.
The office markets of Asia Pacific are entering a new era in 2026, where strategic considerations, rather than scale, will define success. The forthcoming phase will be characterized more by the where, why, and how of space acquisition than by the volume of space organizations choose to occupy, the report concluded.
Point of View
The report underscores India's influential role in the Asia Pacific office market. With a substantial share in leasing demand and new supply, India emerges as a vital hub for investments, reflecting its robust economic growth and strategic importance in the region's commercial landscape.
NationPress
6 May 2026
Frequently Asked Questions
What percentage of Asia Pacific office leasing did India account for in 2025?
India accounted for nearly 68 percent of the total office leasing demand in the Asia Pacific region in 2025.
How much new supply did India contribute in 2025?
India contributed 55 percent of the new office supply across the top 11 APAC markets in 2025.
What was the total office leasing across the Asia Pacific in 2025?
The total office leasing across the Asia Pacific's 11 key markets reached 9.8 million square metres in 2025.
What is expected for the Asia Pacific office market in 2026?
The office market is expected to see sustained demand and supply, with upward pressure on rental prices due to tightening vacancy levels.
Which markets are leading the supply increase in the APAC region?
India, Mainland China, and Singapore are driving 82 percent of the supply increase in the Asia Pacific region.
