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THIRUMAL GOVINDRAJ
Chennai net leasing to scale two decade high in 2025Chennai's commercial office market is poised for a historic high in 2025, driven by robust leasing momentum and strong occupier demand. The...- Technology workforce in Bengaluru crosses one-million mark; IT city among 12 global tech hubs: CBREThe report evaluates these markets based on the availability, quality, and cost of tech talent and classifies them into three categories: P...
- RMZ, CPPIB to invest $750 million to develop 11 acre commercial project in MumbaiRMZ Group and CPPIB are partnering to invest USD 750 million in a new commercial project in Mumbai. The 3.74 million square foot 'RMZ Nexus...
- Office leasing by Global Capability Centres in Chennai likely to touch 3.2 mn sq ft by 2025: CBREChennai is booming as a Global Capability Center (GCC) hub, projected to lease over 3 million square feet of office space by 2025, CBRE rep...
- Average rents in top six office markets breach pre-pandemic levels for first time in 2024In 2024, Indian office markets have seen average rents surpass pre-pandemic levels for the first time. Driven by strong demand, key cities ...
- Chevron to set up $1 billion Chevron ENGINE centre at RMZ Ecoworld 30-series in BengaluruRMZ Corporation has leased over 3 lakh sq ft of office space to Chevron Global Technology & Services in Bengaluru. This space will house Ch...
- Bengaluru office stock set to touch 330-340 mn. sq. ft. by 2030, highest in IndiaBengaluru, leading India's office space to 330-340 million sq. ft. by 2030, shows a 41% GCC leasing share. Main areas include ORR, Whitefie...
- Hyderabad to witness oversupply of 40 million sq ft office space by 2025Leading contributors to this surge include Mindspace, Divyashree, Phoenix, GAR Infobahn , and CapitaLand. Separately, other developers like...
- Global captive centers fueling demand for large officesGlobal centers, particularly in the technology and BFSI sectors, have cornered almost 40% of the significant deals in the top six cities. N...
- RMZ rejigs top leadership team, targets $42 billion AUM by 2029The firm has set up a new governance structure with two boards – the supervisory board led by brothers Raj Menda and Manoj Menda and the fa...
- RMZ set to acquire large land parcel in GurgaonWith many under-construction projects, RMZCorp plans to make 5-6 million sq ft operational this year and is also looking at launching at le...
- Office occupancy up as work-from-office gathers steamMumbai, the country’s financial and business capital, is reporting lower numbers because employers are discouraging use of public transport...
- Bangalore commercial real estate office market continues to attract large occupiersOverall the country’s office market witnessed a net absorption of 5.4 million sq ft in Q3 2020, an increase of 64% versus Q2 2020, led by B...
- Office space: Tech MNCs stepping up demand in BengaluruCompanies like Google, Intel, Amazon, Microsoft, ANSR India and Accenture have either leased or are in talks with local builders to occupy ...
- RMZ Corp eyeing assets across cities to expand portfolioFirm has acquired development right to build 1.7 m sq ft of commercial space in Hyderabad.
- Indian real estate sector witnesses growth across segmentsAll aspects of the Indian real estate sector– residential, retail, office, investments, have seen healthy increase in demand and renewed in...
- RMZ to list office portfolio next yearRMZ is in talks with Canadian Pension Plan Investment Board (CPPIB) and Qatar Investment Authority (QIA) to raise about $1 bn to expand its...
- Southern cities have more REIT-worthy propertiesModelled after mutual funds, REITs raise funds from a large number of investors and invest in commercial real estate assets.
- Office space firm RMZ taps Qatar, Canada fund for $1 billionThe aggressive capital raising programme is key to RMZ’s plans to increase its office rental business to 60 million sq ft in the next five ...
- Tech companies, MNCs strive to recycle the waste they generateReal estate developer RMZ Corp's tech parks EcoWorld and Infinity have been able to reduce their percentage of mixed, or unsegregated, wast...
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