Tag Archives: Propstack

Propstack Insights: India CRE Review

Let’s re-look at our past ten infographic highlights for the Indian CRE Market. Top 7 CRE markets in India recorded leasing activity of 26 msf in the first half of 2017 compared to 24.5 msf during the same time last year. Gross Absorption for Chennai and Noida more than doubled in H1 2017 compared to H1 2016. Hyderabad also… Read More »

Propstack Insights: Hyderabad’s IT SEZ vacancies fall despite new supply

Hyderabad office supply in SBD II micromarket increased significantly. Strong leasing activity and entry of multinational giants, absorbed the new supply, keeping vacancy low for IT SEZ buildings. *Grade A office data only For more details login to office.propstack.com    

Announcing our Brand New CRE Portfolio Analytics

Propstack is excited to launch the industry’s most anticipated and never before seen CRE Analytics dashboard! The wait is over – with the CRE Portfolio Analytics dashboard. Propstack users can: View & Analyze pan-India CRE (by individual occupier) activity in a single window Square footage across cities and individual properties of active leases, Monthly rental outflow by city, Aggregate… Read More »

Propstack Insights: New Leases of 100,000+ sf make up 84 % of total leases in Bangalore

In 2017, the office leasing activity in Bangalore remained strong and maintained its momentum. 100000+sf deals contributed to nearly 79% of the total Gross absorption Nearly  84% of the total 100,000+sf transactions are New Leases. *Grade A office data only For more details login to office.propstack.com

Propstack Insights: Snapshot of Office CAM charges in India

A CAM (Common Area Maintenance) charge is an additional cost, added to the base rent, paid collectively for the maintenance of the commonly owned premises such as the parking lot, lawns, corridors, lobbies, elevators, etc. Propstack compared CAM fee across top cities in India to assess the micromarkets with highest CAM fee. Rest of Gurgaon… Read More »

Propstack Insights: Mumbai’s Furnished plug-n-play Offices Snapshot

The demand for a furnished plug and play office space in Mumbai is increasing steadily, average rentals for the furnished offices have however declined. Propstack observed that the number of furnished transactions increased by average 16% y-o-y, whereas the rentals have decreased by average 4%.   *Grade A office data only and includes renewals For… Read More »

Propstack Insights: Top Occupiers have preferred Non- CBD locations in 2017

Occupiers across cities prefer taking up office spaces in SBDs and PBDs. The transition is driven by occupiers demand for affordable rents, Grade A offices, expansion space and transit-served markets. Propstack analysed  > 25,000 sf deals in 2017. SBDs outshine CBDs.   > 25000 sf  Deals total area – 2017 (in msf)   *Grade A… Read More »

Propstack Insights: Pivotal role of IT Parks in Chennai – 2015-2017 analysis

With the recent news, 20-acre IT Park to be built in Chennai by Hiranandani Group, the city is on its way of being the next IT hub of the country. Strong leasing activity has fueled the absorption in Chennai IT parks, contributing more than fifty percent of the total. Steady increase in annual average rent… Read More »

Propstack Insights : Office Lease Expiries in H2 2017 – South India

The top 3 cities in South India will witness cumulative lease expiries of 9.7 msf. Bangalore will contribute to more than 2/3rd of these lease expiries. Since these cities are dominated by IT-ITeS occupiers, predominantly occupying large spaces, deals above 1 lakh sf will form 43.5% of the total lease expiry volume. *Grade A office… Read More »