Spaces: Office spaces grow despite economic slowdown, with co-working being a rising star

According to Edelweiss, office spaces demand in 2019 so far has grown by 128% compared to the previous year. Co-working space's share in overall leasing rose from 10% to 13% during the calendar year 2019 YoY. There are currently over 400 co-working centres across India from 200 players. In the Indian real estate sector, office spaces continue to be a booming segment despite economic slowdown. And co-working spaces is its best performer.According to a report by Edelweiss, demand for office spaces in 2019 grew by 128% from last year. This is aided by growth in the IT sector, along with rising number of global companies setting up shop in India. Bengaluru is now the top market in Asia for technology occupiers. The report further said that co-working space's share in overall leasing rose from