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MNCs preferring in buying office spaces than leasing it

MNCs preferring in buying office spaces than leasing it
Multi-national firms have invested nearly Rs 2,500 crore in fewer than three years to buy office space in India as against leasing it, property consultant Cushman & Wakefield said. With rising rents in prime markets where MNCs operate, the consultant said that there is cost benefit in the long term in buying office spaces rather [...] Continue Reading »

Thiruvananthapuram: ICTAK scouting space to set up its facility in Technopark

Thiruvananthapuram: ICTAK scouting space to set up its facility in Technopark
The recently launched ICT Academy of Kerala (ICTAK) is looking for appropriate space in Technopark to set up its facility. ICTAK has been launched chiefly with the objective of equipping gradates with the requisite skills and knowledge to meet the requirements of the IT/ITeS industry. With regard to the space being scouted by ICTAK in [...] Continue Reading »

Top six cities to witness maximum office space absorption in India

Top six cities to witness maximum office space absorption in India
India has been an attractive market for IT/ITES industry as it ensures handsome investment returns. The BFSI (Banking, Financial Services and Insurance) book of the dead game industry, manufacturing and other service sector also contribute to total office space absorption in India. As per Knight Frank Survey, the top six cities which will witness maximum office [...] Continue Reading »



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