Office Reits eye AI-resilient, GCC-driven tenant portfolios, acquisitions to expand

Flight to quality

“The AI ​​narrative has been going on for the last three years. Office demand has increased during this period. GCCs, technology, consultancy and BFSI clients, which are the biggest adopters of AI, are all hiring at scale,” said Ramesh Nair, CEO and Managing Director, Mindspace REIT. “There is no evidence of mass vacancy growth. AI companies accused of killing offices are buying new office space. I believe AI will accelerate the path to quality. Companies will look for better spaces, stronger amenities and better sustainability credentials.”