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The 1952 El Portal Church sat boarded up for a decade. After a $5.5 million sale in 2021, its future became a major redevelopment fight- here's what actually happened to the historic 75-year-old churchIn El Portal, a long-abandoned church has been bought by Elm Springs for commercial development. However, Adam Neumann has since taken cont...
India's housing construction pipeline nearly doubles to $430 billion in 2025: ReportIndia’s housing construction pipeline nearly doubled to $430 billion in 2025 from $235 billion in 2019, reflecting strong post-pandemic dem...
In 1950s America, Ronald Read began buying everyday blue-chip stocks; decades later, the janitor left behind an $8 million portfolioRonald Read did not work in finance. He spent about 25 years at a Vermont gas station before working as a janitor at J.C. Penney for anothe...
West Bengal finance minister says Urban Land Act has to goSwapan Dasgupta highlighted the need to repeal the Urban Land Ceiling Act for development in West Bengal. Developers expressed challenges i...
Office leasing at record 66.4 mn sq ft in Jan-Sep across top 9 cities, driven by GCCs: CBRELeasing of office spaces in nine major Indian cities during January-September 2026 reached 66.4 million square feet. This represents an 8 p...
Office space leasing increases by 6% on-year during July–SeptemberIndia's office sector recorded absorption of 66.4 million sq. ft. in the January–September (9M 2026) period, marking a record high for any ...
Mahindra Lifespace expects Rs 1,500 cr revenue from redevelopment of 3 housing societies in MumbaiMahindra Lifespace Developers Ltd is set to redevelop three residential societies in Mumbai. The company is looking to generate a revenue o...
Smartworks to get Rs 305 cr office rent from new corporate clientsSmartworks Coworking Spaces Ltd has successfully secured new leasing contracts with corporate clients in various cities. The company projec...
Managing workplace complexity without giving up enterprise controlAs enterprise requirements become more complex, the workplace is moving beyond a real estate transaction. Kunal Mehra, President & Co-CEO, ...
CPP Investments makes India hospitality debut with Rs 3,000-cr Prestige dealThrough the investment, CPP Investments will acquire around 27% stake in PHVL, with the majority of the capital supporting the platform's c...
A 292-room Hilton in Houston shut its doors after years as a hotel; developer Bryan Kang then planned a $40 million conversion of its 200,000 sq ft into housingA former 292-room Hilton Houston Galleria at 6780 Southwest Freeway could obtain a fresh purpose via a planned $40 million residential chan...
A $375 million ground lease transformed Washington's Old Post Office into a Waldorf Astoria; 2 years after acquisition, foreclosure ended the investor's control of the propertyA $375 million transaction changed the identity of Washington, D.C.’s Old Post Office building, moving the property from the Trump Internat...
TVS Motor Company leases 5 lakh sq ft office in Bengaluru for 10 yearsTVS Motor Company has secured a long-term lease for over 500,000 sq ft of office space in Bengaluru. The lease will span more than ten year...
Washington State Investment Board backed fund exits Rs 550 crore investment in Noida’s Dasnac groupKautilya Finance has successfully exited its investment in New Delhi-based Dasnac, realizing cash proceeds of Rs 550 crore. The investment ...
Equity capital inflow in real estate, data centre, hotel assets doubles to USD 9.5 bn in Jul-Sep: CBREDuring the third quarter of 2026, India's real estate, data centre, and hospitality sectors attracted a record USD 9.5 billion, marking a n...
HDFC Mutual Fund announces reopening of HDFC BSE REITS and Commercial Real Estate Index Fund for ongoing subscriptionHDFC Mutual Fund has reopened its HDFC BSE REITS and Commercial Real Estate Index Fund after its September 15–17 NFO period. The passive fu...
Office space leasing rises 9 per cent to 18.7 mn sq ft in Jul-Sep across top 7 cities: ColliersGross office leasing across seven major cities in India increased by 9 per cent in the third quarter. Bengaluru and Delhi-NCR experienced s...
Prestige Group drops Rs 2,700 cr IPO plan for hospitality arm, cites bad market conditionsRealty firm Prestige Estates has withdrawn its IPO plan for its hotel business amid uncertain market conditions. The company initially aime...
Embassy REIT raises Rs 1,000 crore in first bank financing at trust levelEmbassy Office Parks REIT successfully raised Rs 1,000 crore through floating-rate non-convertible debentures in a notable transaction. Thi...
Office leasing picks up as corporates move past AI, geopolitical uncertaintyLarge office leasing deals across India’s top cities are showing signs of recovery as corporates that delayed decisions over geopolitical r...