HM Revenue & Customs (HMRC) has reportedly selected India Buildings in Liverpool as the location of a new hub office of more than 300,000 sq ft. The government department will let the majority of the space at the 350,000 sq ft building, according to Property Week. The Water Street property was acquired by Shelborn Asset Management for… Read More »
Piramal Group’s financial services arm Primal Fund Management (PFM) has surpassed Rs 10,000 crore in aggregate investments in South India, the company’s proprietary book stated. This forms one third of the firm’s commitment to clearing Rs 32,000 crore debt and equity to real estate developers across India. According to Piramal, the Rs 10,000 crore milestone… Read More »
With no takers for land in its area, Noida Authority has delayed the auction of commercial land for large and small category 27 plots till December. The Authority has also extended its group housing scheme of six plots in sectors 146 and 147 launched earlier this month.Bidding of these plots for commercial use by consortiums,… Read More »
India is home to the third largest number of technology driven startups in the world, according to a study conducted by ASSOCHAM in association with Thought Arbitrage Research Institute. But with such a boom comes an increased demand for work space. And if you’re just setting up shop, chances are you wouldn’t want to splurge… Read More »
Amidst demonetisation driving significant demand contraction in consumer discretionary sectors, public sector contracting can be a ‘safe haven’. Subsequent push on infra spending, subject to ability to spend, can be a positive as well. For Larsen & Toubro, the impact is limited to temporary disruption in near term and slower execution of real estate contracts. We… Read More »
The year 2017 seems to be a promising one for India. The New Year will bring in lot of lucrative investment deals in India, which will also be one of the best in the whole of Asia. One of the best deals in 2017 in India will be real estate. As per a survey, Bengaluru… Read More »
Point72 Asset Management moved into a new office space in Singapore’s OUE Bayfront in Marina Bay on Monday. The 8,880 square foot space can seat up to 60 employees, doubling the capacity of the Firm’s previous Singapore office. Marc Desmidt, Chief Executive Officer of Point72’s international business, said, “We are making a push to find,… Read More »
THE MUMBAI Port Trust (MbPT) on Tuesday accepted proposals from six bidders shortlisted for a massive redevelopment project along Mumbai’s eastern seafront. According to MbPT, the project, covering 500 hectares of land along the waterfront, would revamp the eastern facade of the city in the coming years. The plan is to implement an infrastructural overhaul of… Read More »
Asian investors are looking to diversify their property exposure outside of the region. Not only is India the world’s fastest-growing major economy, it may also offer Asia’s best real-estate investments next year. A survey has ranked Bangalore and Mumbai as the region’s top picks, vaulting both cities to lead a table of 22 Asian markets.… Read More »
Large information technology, banking, financial services and insurance companies are increasingly opting for coworking spaces to cope with rising rentals and shortage of ready-to-move grade A offices in prime property markets across the country. While the likes of Boeing, Visteon, BNP Paribas, Kimberley Clark, and Redcore (Accenture’s sister company) have moved some of their operations… Read More »