Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
Three Indian metros – Bengaluru, Mumbai and Delhi – earned the highest prime office yields, among 34 leading international markets, according to a report by Knight Frank, titled ‘Global Cities: The 2018 Report’. Bengaluru … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
As the office demand continued to intensify in Q2 2017, an upward pressure on rental values was observed in a few micro-markets across India. A high rental growth was seen mostly in the southern … READ FULL STORY
Despite the demonetisation exercise and recent layoffs by technology companies, due to automation and changing technology, commercial markets continued to remain resilient, backed by sustained expansion plans of the major occupiers. The gross office … READ FULL STORY
According to a study conducted by CBRE south Asia, on leasing activity for prime office space across eight cities, 10 million sq ft was occupied in Q2 2017, registering a 28 per cent growth … READ FULL STORY
