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Below the comment on JLL Office Report Mr Amal Mishra, Co-founder, Urban Vault, a Bengaluru based managed co-working space provider.

In recent years, there has been a remarkable shift in the preferences of office occupiers in India. Grade A offices and flexible office setups are progressively replacing conventional and traditional office space arrangements.

There is a substantial demand for Grade A office spaces that are professionally managed and offer flexibility to businesses. These spaces cater to the evolving needs of modern organizations, providing them with a conducive and efficient work environment. Moreover, such office spaces have the potential to be included in Real Estate Investment Trusts (REITs) portfolios, offering investors the opportunity to participate in the commercial real estate market.

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