Real estate requirements from software firms\u2014the biggest occupiers of commercial office buildings in emerging markets like India\u2014 slowed down in 2016 and may further get impacted this year due to global uncertainty and growing technological disruptions, said the top executive of global consultant JLL Inc.<\/p>\n
In an interview with Mint<\/i>, Christian Ulbrich, global chief executive officer (CEO) and president, JLL, said office space needs of technology and outsourcing firms\u2014especially in terms of software development\u2014slowed down last year. While most tech companies have seen a single digit growth, this year onwards, some of them could even see some implications of US President Donald Trump\u2019s policies, he added.<\/p>\n
\u201cAdoption of technology will only continue to increase across businesses in 2017, and this will result in a mismatch in the ratio between growth of a business and its real estate requirements. It will not remain the same, thanks to technology emerging as a disruptor across sectors,\u201d Ulbrich said.<\/p>\n
<\/p>\n
Read more:\u00a0Live Mint<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Real estate requirements from software firms\u2014the biggest occupiers of commercial office buildings in emerging markets like India\u2014 slowed down in 2016 and may further get impacted this year due to global uncertainty and growing technological disruptions, said the top executive of global consultant JLL Inc. In an interview with Mint, Christian Ulbrich, global chief executive\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[157,81,104],"class_list":["post-1474","post","type-post","status-publish","format-standard","hentry","category-market","tag-cre-report","tag-ites-offices","tag-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1474"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1474\/revisions"}],"predecessor-version":[{"id":1475,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1474\/revisions\/1475"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}