Lets re-look at our past ten infographic highlights for the Indian CRE Market. IT Parks and Offices led leasing activity last year in Pune with 65% contribution in absorption. Furnished spaces seemed to be Occupiers choice last year in Pune. 60% of the total deals in 2016 were furnished with average rentals between INR 60-70/sf/month. The… Read More »
India has seen a surge in Private Equity investments in the recent years. Leading global private equity funds have invested in trophy commercial real estate assets across top cities of India to reap benefits of attractive yields. We, at Propstack, looked at the historical performance of some of the micromarkets where the properties acquired by these institutional… Read More »
Major cities across India have been expanding spatially with increasing migrant workforce and paucity of land. With passage of time, to cater to the growing demand from corporates, the CRE markets in these cities have also mushroomed along the fringes where these cities are expanding. These Business Districts away from the city center towards outer… Read More »
IT/ITeS sector deals above 100,000 sf added 3.5 msf to leasing activity till date in 2017. 100,000+ sf deals by IT-ITeS sector comprised 55% of the total space leased by such large deals this year. Also, these large IT deals contributed to 40% of total leasing volume in Q1 2017. IT-ITeS companies leased these large… Read More »
Mori Building Company, one of Japan’s largest real estate developers, is planning to enter India this year, two people close to the development told ET. The $2.25-billion Tokyo-based property investment firm is planning to develop and manage commercial properties in India and could even tie up with a domestic player. “Mori had conducted a market… Read More »
The realty-focused investment unit of global private equity firm KKR & Co. LP invested about Rs1,000 crore in three real estate projects last month, two people aware of the investment said. KKR India Asset Finance Pvt. Ltd invested about Rs500 crore in a township project of Bhartiya City Developers Pvt. Ltd in Bengaluru, Rs200 crore… Read More »
The year started on a high-note for CRE industry in Mumbai. More than 2.5 msf of space was leased in Q1 2017. Western and Eastern Suburban locations together contributed to nearly 50% of the leasing in first quarter. *Grade A data only and Includes renewals To get more CRE market insights login to www.propstack.com
IT Parks and Offices led leasing activity last year in Pune with 65% contribution in absorption. Furnished spaces seemed to be Occupiers choice last year in Pune. 60% of the total deals in 2016 were furnished with average rentals between INR 60-70/sf/month. *Grade A data only and Includes renewals To get more CRE market insights login to www.propstack.com
Samara Capital, a mid-market India-focused private equity fund, has bought out 100% of Sanjay Maintenance Services Pvt. Ltd. (SMS), one of the largest facilities management for an undisclosed amount. Sources said Samara had invested about Rs 140 crore ($20 million) for the acquisition and plans to spend an additional $30 million behind bolt-in buyouts for… Read More »
Lets re-look at our past ten infographic highlights for the Indian CRE Market. Bangalore to witness more than 9 msf of lease expiries in 2017 Demonetization impacts Mumbai office sales negatively 10,000+ sf deals dominate Gurgaon absorption in 2016 3,000 Crores (~ $ 0.5 Bn) annual rents expiring across India in 2017 2.6 msf lease… Read More »
