Blackstone Group-owned Nexus Malls on November 17, 2022, filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to launch India’s first public issue of retail REIT to … READ FULL STORY
Senior companionship start-up Goodfellows has received a fresh round of seed capital funding from realtor Niranjan Hiranandani and entrepreneur Shradha Sharma, the company said in a statement on November 17, 2022. The company, however, … READ FULL STORY
The hospitality sector continued to witness strong YOY growth in Q3, 2022, with revenue generated per annum (RevPAR) growth of 89.6%, shows a recent report. This is primarily driven by corporate travel. In Q3 … READ FULL STORY
IndoSpace, an investor and developer of industrial warehousing and logistics parks, has signed a memorandum of understanding (MoU) with the Karnataka state government to invest Rs 3,000 crore in to boost its warehousing and … READ FULL STORY
GIC and ESR Group have entered into an 80:20 strategic partnership to establish a $600 million core joint venture to acquire income-producing core industrial and logistics assets in India. This joint venture is an … READ FULL STORY
Seven Indian cities saw total leasing of approximately 13.1 million sqft of office space during Q3 2022, registering a growth of 24% as compared to the absorption in Q3 2021, shows a report by … READ FULL STORY
Retail leasing in India increased by 114% year-on-year between January-September 2022, primarily driven by fashion and apparel brands, shows a recent report by real estate consulting firm, CBRE South Asia. The report highlights the … READ FULL STORY
Brigade REAP, a proptech focused real estate accelerator programme, has got on board five new start-ups from 150 applications for its 12th Cohort. The domains covered include sales tech, smart facilities management, project management, … READ FULL STORY
Ocean Lifespaces India has bagged the contract to complete 6 lakh square foot of industrial structure for Dubai-based port and logistics Group DP World in Chennai, the EPC firm said in a statement. Commenting on the development, … READ FULL STORY
Organised retail sales volume in India’s top-8 cities is estimated to grow at a compounded annual growth rate (CAGR) of 17% in the coming 6 years. According to a report by Knight Frank India, … READ FULL STORY
Retail sector leasing in India increased by about 166% Y-o-Y, crossing 1.5 million square foot (sqft), shows a recent report by CBRE South Asia. According to the report, titled ‘CBRE India Retail Figures H1 … READ FULL STORY
JP Morgan has leased around 1.16 million sq ft office space with 1,130 car parks at Nirlon Knowledge Park, Goregaon, Mumbai. The leased out property is entire block B-9 (ground plus 23 floors), entire … READ FULL STORY
Demand for warehouses in India has seen improvement, with projections till December 2022 indicating a record net absorption of 42.5 million sqft in 2022 against 39 million sqft in 2021, shows a report by … READ FULL STORY
