2.6 msf lease expiries in hyderabad in 2017. Total Monthly Rental Revenues IT SEZ contribute to 48% of the expiries *Grade A data only and Includes renewals
3000 Crores (~ $ 0.5 Bn) Annual Rents Expiring Across India in 2017. Approximately 30 msf space of nearly 1600 deals contributing more than 255 crores to monthly rental revenues to expire in 2017. Top 3 CRE Markets -Bangalore, Gurgaon and Mumbai together contribute approximately 73% to the volume of lease expiries in 2017. Bangalore… Read More »
Total volume of Lease expiries in Bangalore is expected to cross 9 msf in 2017. Witnessing quarterly increase since beginning of year, total area of lease expiries in Q4 2017 is expected to be above 3 msf. The 200+ leases expiring in 2017 have average monthly rent of INR 57/sf/month and add upto nearly 56 crores… Read More »
Total no. of transactions decreased Y-o-Y in 2016. However, no. of 10,000+ sf transactions increased. This led to in 24% increase in total absorption Y-o-Y; majorly contributed by 10,000 + sf deals in 2016. *Grade A data only
Indiabulls Asset Management Co. Ltd is launching its first commercial asset fund and plans to raise up to Rs1,500 crore from mainly domestic investors, said a fund executive. Dual Advantage Commercial Assets Fund is an alternative investment fund (AIF) and will invest in buying out office properties that generate regular stable rental income with capital… Read More »