India, China, Japan Lead Asia-Pacific Office Leasing
Real Estate

India, China, Japan Lead Asia-Pacific Office Leasing

India, Mainland China and Japan dominated office leasing activity across Asia-Pacific in the first half of 2025, jointly driving more than 90 per cent of regional demand, according to Colliers’ Asia Pacific Office Market Insights H1 2025 report.
Leasing activity across 11 major APAC markets – including Australia, Hong Kong, Indonesia, Singapore, South Korea and Taiwan – reached 4.5 million square metres (48.4 million square feet) in H1 2025, marking a 9.6 per cent year-on-year rise. Singapore was the standout performer, with demand rising twelvefold compared to last year. The Philippines and Japan also saw strong growth of 56 per cent and 55 per cent respectively.
Supply, however, rose faster than demand, climbing 45.4 per cent year-on-year to 4.8 million square metres (51.7 million square feet). Mainland China, India and Singapore contributed nearly 80 per cent of this new supply, while Australia, New Zealand and Japan recorded annual increases of more than 80 per cent.
Arpit Mehrotra, Managing Director, Office Services, Colliers India, said the APAC office market showed “remarkable resilience” with both demand and supply strengthening despite global challenges. He noted that supportive growth policies and steady occupier momentum position India and the wider region for a strong second half of 2025.
India alone accounted for more than 70 per cent of APAC’s leasing and 48 per cent of its new supply in H1 2025. Domestic occupiers contributed 46 per cent of leasing volumes in India’s top seven cities, underlining robust demand fundamentals.
Vimal Nadar, National Director & Head of Research, Colliers India, said sustained GCC activity, occupier expansion and a diversifying demand base are driving robust demand for Grade A office space. With a strong pipeline and improving macroeconomic conditions, India’s outlook remains positive.
Across the region, companies are increasingly favouring prime Grade A, sustainable offices aligned with long-term ESG goals. Mike Davis, Managing Director of Occupier Services, Asia Pacific, noted that flexibility and sustainability are now central to corporate priorities, with momentum expected to strengthen through the second half of 2025.
While demand is projected to remain healthy, the surge in supply could place upward pressure on vacancy rates. Select high-performing markets may experience rental growth, with investor appetite for green-certified buildings reinforcing the region’s transition to a more future-ready office landscape.

India, Mainland China and Japan dominated office leasing activity across Asia-Pacific in the first half of 2025, jointly driving more than 90 per cent of regional demand, according to Colliers’ Asia Pacific Office Market Insights H1 2025 report.Leasing activity across 11 major APAC markets – including Australia, Hong Kong, Indonesia, Singapore, South Korea and Taiwan – reached 4.5 million square metres (48.4 million square feet) in H1 2025, marking a 9.6 per cent year-on-year rise. Singapore was the standout performer, with demand rising twelvefold compared to last year. The Philippines and Japan also saw strong growth of 56 per cent and 55 per cent respectively.Supply, however, rose faster than demand, climbing 45.4 per cent year-on-year to 4.8 million square metres (51.7 million square feet). Mainland China, India and Singapore contributed nearly 80 per cent of this new supply, while Australia, New Zealand and Japan recorded annual increases of more than 80 per cent.Arpit Mehrotra, Managing Director, Office Services, Colliers India, said the APAC office market showed “remarkable resilience” with both demand and supply strengthening despite global challenges. He noted that supportive growth policies and steady occupier momentum position India and the wider region for a strong second half of 2025.India alone accounted for more than 70 per cent of APAC’s leasing and 48 per cent of its new supply in H1 2025. Domestic occupiers contributed 46 per cent of leasing volumes in India’s top seven cities, underlining robust demand fundamentals.Vimal Nadar, National Director & Head of Research, Colliers India, said sustained GCC activity, occupier expansion and a diversifying demand base are driving robust demand for Grade A office space. With a strong pipeline and improving macroeconomic conditions, India’s outlook remains positive.Across the region, companies are increasingly favouring prime Grade A, sustainable offices aligned with long-term ESG goals. Mike Davis, Managing Director of Occupier Services, Asia Pacific, noted that flexibility and sustainability are now central to corporate priorities, with momentum expected to strengthen through the second half of 2025.While demand is projected to remain healthy, the surge in supply could place upward pressure on vacancy rates. Select high-performing markets may experience rental growth, with investor appetite for green-certified buildings reinforcing the region’s transition to a more future-ready office landscape.

Next Story
Infrastructure Urban

ICMM CEO Rohitesh Dhawan Visits Hindustan Zinc

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, hosted Rohitesh Dhawan, President & CEO of the International Council on Mining and Metals (ICMM), at its flagship Sindesar Khurd Mine (SKM) in Rajasthan. The visit follows Hindustan Zinc’s induction as the first Indian company into ICMM, marking a significant milestone for India’s mining sector on the global sustainability stage.Dhawan, accompanied by run Misra, CEO of Hindustan Zinc, and the senior leadership team, toured Sindesar Khurd Mine – the world’s fourth-largest silver-producing mine – to ..

Next Story
Infrastructure Urban

Amit Gupta Appointed CFO of Vedanta Jharsuguda Unit

Vedanta Aluminium has announced the appointment of Amit Gupta as Deputy Chief Financial Officer of its aluminium business and Chief Financial Officer of its Jharsuguda unit in Odisha.Gupta has been associated with the Vedanta Group since 2018, beginning as Group Head – FP&A at Vedanta Resources. With over two decades of cross-sector experience, he brings strong expertise in financial strategy, project finance, and business transformation.Prior to this role, he served as CFO of Bharat Aluminium Company (BALCO), where he led finance operations for more than four years. He has also held sen..

Next Story
Infrastructure Energy

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?