CBRE
The increase in India’s e-commerce sector has led to the sudden increase in demand for warehousing space from online retailers which leased about 6 lakh sq ft areas in the first half of 2014, according to property consultant CBRE. The leasing activities in the logistics and warehousing market remained steady as large sized transactions of [...] Continue Reading »
CBRE the global property consultant on Monday released a report which gave some insight about the activities in the real estate sector. According to its findings the residential real estate market across leading cities of the country is unlikely to see any traction before the upcoming festive season. It is expected that demand will improve during [...] Continue Reading »
The supply of retail space in shopping malls fell by 80 percent during the first half of this year to nearly 0.3 million sq ft in seven major cities as projects have been delayed, property consultant CBRE said today. Rentals of retail space in these seven cities showed a mixed trend, according to CBRE’s India [...] Continue Reading »
In a report released on Sunday, global property consultant DTZ said that the April-June 2014 quarter witnessed an 11 percent year-on-year increase in office space absorption in Delhi-NCR. As a result of the increase, office space absorption in the Delhi-NCR region touched 1.38 million sq ft during the reporting quarter. However, as per the DTZ [...] Continue Reading »
Property consultant, CBRE stated that the leasing activity for official purposes is being expected to see any rise until next year however the sentiments of people involved in the real estate sector is seeing improvement. However the market representatives hope that by the start of next year the prospect in this market will improve in [...] Continue Reading »
Eighteen months ago, Global financial leviathan Goldman Sachs had reached an agreement with Kalyani Group – a real estate developer based in Bangalore, to lease almost 1.6 million sq ft of office space in the city. With a rental lease of around Rs. 60 crore a year for one million sq ft, this was one [...] Continue Reading »
Property consultant CBRE has revealed in its recently-released India Office Market View for 2014 second-quarter report that absorption rates for office space in the Kolkata market witnessed a nearly 30 percent quarter-on-quarter plunge. According to the report, the movement of office space in Kolkata during the April-June quarter was notably ‘slow;’ with the key contributor to the overall [...] Continue Reading »
According to the recent statistics shared by property consultant CBRE, the three-month period between April and June 2014 witnessed a 26 percent increase – to almost 8 million sq ft – in office space leasing in seven cities of India. Going by the CBRE figures – released in a report titled ‘India Office Market View [...] Continue Reading »
With the new government promising stability at the centre, many companies in the IT, e-commerce, and consultancy sectors are making quick investments. They have begun to lease and buy office spaces expecting to cash in on a sudden economic boom. Property consultancy firms like Cushman & Wakefield, JLL, DTZ, CBRE, and Knight Frank have received [...] Continue Reading »
We thought Japan, New York and London top the list as the most expensive places in the world, however our own national capital is not far away in the race. Connaught Place (C.P) in New Delhi has slipped down one notch to become the world’s eighth costliest office destination, property consultant CBRE said on Thursday. [...] Continue Reading »
