India to Lead APAC Grade-A Office Supply Growth by 2026
Analysis based on 8 articles · First reported Feb 23, 2026 · Last updated Feb 25, 2026
The Asia Pacific real estate market, particularly the Grade-A office sector, is set for significant growth in 2026, with India emerging as a dominant force in new supply and rental growth. This positive outlook, driven by strong demand and corporate mandates, is expected to attract further investment into the region's office assets.
CBRE Group's '2026 Asia Pacific Real Estate Market Outlook' forecasts a record 61.3 million square feet of Grade-A office supply in the Asia Pacific region by 2026, a 10.8% increase from 2025. India is projected to contribute 40% of this supply, with India===Bengaluru, Delhi-NCR, and India===Mumbai among the top five markets for new office space. Mainland China will also be a significant contributor. The report highlights India's structural demand drivers and its appeal as a talent-rich destination for multi-functional growth, as noted by Anshuman Magazine. Despite high supply, most developed markets will remain supply-constrained, with premium offices in high demand due to stricter office attendance mandates. Office assets have also surpassed industrial and logistics as the most preferred investment sector in the region, according to CBRE Group's '2026 Asia Pacific Investor Intentions Survey'. Rental growth is expected to continue, with India===Mumbai's BKC leading in 2025 and Japan===Tokyo also showing strong performance. Ada Choi emphasized the need for occupiers and investors to adapt to softer economic growth by prioritizing high-quality buildings and income resilience.
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