India is the leading driver of office leasing across the Asia-Pacific region in the first half of 2026, accounting for more than 70% of total leasing demand, according to a Colliers Asia Pacific office market report. Across 11 tracked Asia-Pacific markets, total office leasing reaches 4.6 million square metres (49.5 million square feet) in H1 2026.
Multiple outlets say the regional pattern is shaped by strong demand for Grade A office spaces and continued tenant preference for higher-quality workplaces. One report also highlights that overall leasing in the tracked markets rises about 3% year-on-year, while new office supply declines sharply, with a cited 37% drop. This combination is described as supporting premium office demand and reinforcing India’s position as a major commercial real estate market in the region.
Across the coverage, the main emphasis is on India’s outsized share of leasing and the factors said to underpin it, including Grade A demand and the role of capability centres. The outlets generally align on the regional leasing totals, the direction of year-on-year leasing change, and the reported fall in new supply.