BHIVE Workspace leases office space BKC, Mumbai for ₹1.39 crore per month
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Tag Archives: Office Deals
Propstack Insights : Q-o-Q Office Lease Expiry Highlights: 2017-2018
Top CRE markets in India will witness lease expiries of 6 msf in Q1 2018, up by 66% compared to Q1 2017. *Grade A office data only For more details login to office.propstack.com
Propstack Insights: Chennai office leasing soars in Q1 2017
Chennai recorded leasing volume of 1.5 msf in the first quarter of 2017 – highest for the same period in the last five years. This increase was driven mainly by renewals and expansion of existing tenants such as: Average rentals in Chennai were between INR 55-60/sf/month. Average deal size for Q1 2016 was 48,000 sf.
Commercial office space market to remain persistent
Office market across the country is expected to remain persistent and is likely to maintain the same volume of transactions in coming quarters. Office markets in key cities have achieved a good base with leasing volumes moving from strength to strength in the past few years, leading to a gradual slowdown in the growth of… Read More »
Amazon stays ahead of Flipkart, makes space for growth
It may still be trying to catch up with the market leader on sales, but Amazon India has surely outperformed Flipkart on one front: occupying office space. The local unit of the American e-commerce giant occupies 3.1 million sq ft of office space in India, more than four times compared with the 7 lakh sq ft… Read More »
Point72 Doubles Office Space in Singapore’s OUE Bayfront; Affirms Commitment to Hiring Region’s Top Talent
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 »
Link Intime leases 60,000 sq ft office space in Mumbai’s 247 Park
Registry and financial services provider Link Intime India has picked up nearly 60,000 sq ft office space in commercial complex 247 Park — now owned by Blackstone Group — in the Vikhroli suburb of Mumbai on lease, said two persons familiar with the development. The total lease tenure is nine years with a clause of rental… Read More »
Square Yards opens offices in Toronto & Vancouver
Square Yards is opening new offices in Toronto and Vancouver in Canada. This is company’s 12th international office. The company plans to use Canada offices as a gateway to the US markets. “Using Canada as focal point, we aim to delve deep into North American markets. Economic recovery in conjunction with higher demands has made Canada,… Read More »
Singapore’s DBS Bank set to lease 100,000 sq. ft in Mumbai
Singapore’s DBS Bank Ltd is close to leasing nearly 100,000 sq. ft at Express Towers, a 25-storeyed building in Mumbai’s Nariman Point, in one of the biggest office space deals in the business district since the 2008 global financial crisis that prompted many corporates to leave the locality. The bank is close to signing the lease… Read More »
Rahejas eye $500 million from deal with Temasek, Warburg Pincus
K Raheja Corp, one of the largest developers of IT parks, is in talks with Singapore-based Temasek Holdings and American private equity firm Warburg Pincus to sell stake in its office space holding company, said a source in the know. The C L Raheja-promoted company wants to sell 20 per cent stake in the office space… Read More »