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2021 OFFICE LEASING
Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
Strata sells Bengaluru’s industrial asset for Rs 35 croreStrata has successfully sold a Bengaluru industrial property for Rs 35.3 crore, yielding a 15.3% IRR and nearly doubling investor capital. ...
Institutional real estate investment falls 52% as domestic capital leadsIndian real estate is seeing a surge in domestic investment. For three quarters, local capital has led foreign inflows. This trend highligh...
Delhi-NCR, Bengaluru office rentals cross Rs 100/sq ft/month milestone: Knight FrankOffice rental rates in Bengaluru and Delhi-NCR have now crossed Rs 100 per sq ft. This milestone is driven by strong demand for prime works...
IFC, domestic funds back Brookfield India REIT’s Rs 2,600-cr QIPBrookfield India Real Estate Trust is raising Rs 2,600 crore through a Qualified Institutional Placement. Major investors include IFC, Whit...
India office market records highest-ever quarterly leasing despite global headwindsMarch marked a historic milestone for India's office property sector, showcasing the highest leasing figures in a single quarter. Demand so...
GCCs, flex offices to keep India’s office demand strong in 2026 despite global headwinds: ColliersIndia's office market is set for continued strength in 2026. Demand for workspaces and new projects will remain stable. Global Capability C...
2021 office leasing surpassed 2016-2018 average by 7%Hyderabad leaped to the top three cities led by some large block deals in Q3 2021. Bengaluru accounted for the highest share at ~30%, follo...
Office leasing up by 2% in 2021, Q4 2021 reported highest leasing in last eight quarters: JLLAccording to JLL’s Office Market Update-Q4, 2021, on a full-year basis, net absorption was up marginally by 2% Y-o-Y at 26.2 million sq ft....
Minda Industries leases 47,867 sq ft in Pune“Minda was looking for a space in the region, and we found the right property. The lease deed has been signed. Pune has emerged as a prefer...
Medical technology company Stryker leases office in Gurugram's International Tech ParkIn India, Stryker began its commercial operations in 1999, with its headquarters in Gurugram, and regional sales offices in Mumbai, Chennai...
Office market net absorption up 48% in the third quarter of 2021: JLLDelhi NCR, Mumbai, and Pune contributed to 62% of the gross leasing volumes recorded
IT, engineering and manufacturing sectors drives office demand in IndiaThe total gross leasing of commercial office spaces in H1 2021 declined 22% in the first half of 2021, to 10.1 million sq feet across the t...
Office space occupancies face major test as large set of lease renewals due in 2021The year 2021 has the highest lease expiry pipeline when compared to the next two years 2022 and 2023. While the year 2022 will see nearly ...
Engineering and manufacturing companies see increased office leasing in Q1 2021: ColliersDuring Q1 2021, the engineering and manufacturing sector’s leasing accounted for about 18% of the total leasing, up from 11% in Q1 2020. Th...
Fresh wave of coronavirus cases slows down office space leasing, firms put plans on holdExperts said that the partial lockdown in Maharashtra, and night curfew in Bangalore and three cities of NCR has forced the companies to mo...
ICRA's outlook for FY2022 remains negative for retail segment; stable for office leasingAs per ICRA, the economic impact of Covid-19 on various corporate sectors, business travel restrictions and scenario of extended work-from-...