Financial services giant JP Morgan, US technology and consulting firm IBM and financial services company Wells Fargo are set to acquire large highend office spaces in Telangana’s capital city months after Apple, Google and Amazon chose HYDERABAD for their second-largest global development centres. Four persons from global property consultancies and Telangana government in the know of… Read More »
New Delhi’s Central Business District Connaught Place is seventh among the most expensive prime office markets in the world with an annual occupancy cost of $149.71 per sft, according to the latest edition of property consultancy CBRE Research’s Global Prime Office Occupancy Costs survey. Bandra Kurla Complex (BKC), Mumbai’s Alternative Business District, stood at 19th… Read More »
Private equity funds are exiting residential real estate investments primarily through the refinancing route at the end of their investment tenure as against the normal process of cash flow accruals. Instances of several fund exits in recent months show that delays in projects and slow sales have made it tough for property developers to repay… Read More »
In Britain’s regions, smaller investors are securing discounted deals on commercial property as heavyweight funds put purchases on ice ahead of the referendum on EU membership. Defying an investment lull in the capital, regional property markets have been enlivened by private equity firms and other small investors taking advantage of reduced competition for office and retail… Read More »
With a massive market, easily understood product, strong team and upcoming favourable regulatory change, Propstack looks ready to seize the commercial real estate opportunity in India. Co-founder Raja Seetharaman shares his thoughts on the same. Tell me about your founders and how you started? We are three co-founders with backgrounds in Commercial real estate (CRE) (Insignia,… Read More »
Canada’s Brookfield Asset Management Inc. is gearing up to significantly increase its real estate investments in India, on the back of a well-performing office market, a residential sector that promises to turn around soon and huge demand for capital from developers, two people familiar with the company’s plans said. As part of the plans, Brookfield will… Read More »
Office demand in suburban locations or secondary business districts is outpacing that in the central business districts across India’s major markets. Experts said the trend that began with Mumbai, with the shift in preference from Nariman Point to the Bandra-Kurla Complex over the past few years, has moved to other cities as well and started… Read More »
Investing in commercial property is now more lucrative than residential Residential property has always been the first choice of investors wanting to capitalize on the real estate investment opportunities in India. However, after the economic slowdown in the past few years, the commercial segment is catching their fancy. Private equity investors are now buying stakes… Read More »
Just as CNBC-TV18 reported a few months ago, the commercial real estate space in Chennai has suddenly become prime property. Chennai’s IT corridor could soon turn home to a few new names. The last three months have seen the city’s preferred realty corridor turn into a hotbed of commercial deals. It began in February when Ford India… Read More »
A slowdown in the flow of easy money to e-commerce sector has started to impact the office market in Bengaluru. Online marketplaces, which led the office market growth in the IT city, accounting for a fourth of total space leased last year, have slowed down considerably. Going by the current indications, the leasing of office space… Read More »
