Tag Archives: Office Deals

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 »

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 »

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 »