India’s commercial real estate sector has left the worse behind, and flex, hybrid and green are going be the underlying themes for the office sector in 2023 and beyond, says the latest report by … READ FULL STORY
The explosion of data in recent years has pushed advanced analytics and AI to the forefront of technology in the retail industry, says a report by Boston Consulting Group (BCG) and Retailers Association of … READ FULL STORY
Total monthly leasing activity for the month of January stood at 3.2 million square foot (msg) with the typical January lull post the 2022 year-end leasing momentum causing a 56.4% month-on-month (M-o-M) decline, shows … READ FULL STORY
Kotak Investment Advisors Limited (KIAL) on February 14, 2023, announced the first close of Kotak Data Centre Fund (KDFC). Domiciled in Gujarat’s GIFT City, the India-dedicated Data Centre Fund raised $590 million of the … READ FULL STORY
Brookfield India Real Estate Trust (REIT) saw its adjusted net operating income for grow 60% year-on-year during the third quarter of the ongoing financial year (Q3FY23), the company said in a statement on February … READ FULL STORY
Prime Minister Narendra Modi laid the foundation stone of South India’s first industrial corridor project to be implemented in Tumakuru, Karnataka, on February 6, 2023. The project is spread over 8,500 acres of land … READ FULL STORY
India’s financial capital Mumbai will witness around 7 million square foot (msf) of Grade-A gross absorption in 2023, says a report released by real estate advisory firm Savills India. According to the report released on February … READ FULL STORY
Industrial and logistics leasing activity in Mumbai grew by 36% year on year, to touch 6.1 million square foot in 2022, says a report released on February 6, 2023. Industrial and logistics space take-up … READ FULL STORY
Private equity major Blackstone is in talks to sell around half of its stake in India’s largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital, Reuters reported, quoting sources. … READ FULL STORY
Commercial rents in Bangalore for the October-December period (Q4) of 2022 showed an annual increase of 11%, helping the city stay on top among its peers in Asia Pacific (APAC), a recent report by … READ FULL STORY
Most students prefer either studio apartments or ensuite rooms or shared accommodation, shows the findings of a recent survey. According to the survey conducted by University Living, a global student housing platform, 65% of … READ FULL STORY
Amanthin Info Parks Private Limited and Maharashtra Industrial Development Corporation (MIDC) Navi Mumbai have leased 3.81 lakh sqft of data centre space for 28 years to Raiden Infotech India Private Limited, a Google company, … READ FULL STORY
The Rail Land Development Authority (RLDA) has invited bids to lease a 22,182-sqm plot near the Bagdogra Railway Station for residential-cum-commercial purposes. The land parcel will be leased out for 99 years and the … READ FULL STORY
