commercial and office space in India
In a recent report, property consultant Cushman & Wakefield (C&W) has revealed that, in the last three years or so, a total investment of approximately Rs. 2,500 crore has been made by multi-national firms to purchase office space in India rather than lease it. According to C&W, the apparent reason behind the decision of an [...] Continue Reading »
The Competition Commission of India (CCI) has approved a real estate deal between global private equity giant Blackstone group and Pune-based realty firm Embassy Group. The proposed deal involves Blackstone and Embassy group having joint control over an entity engaged in the development and management of commercial and office space. It has been dubbed as [...] Continue Reading »
It is recorded that the rate of rent of commercial and office space in India is increasing rapidly. Firming occupier demand is seeing rental expectations turning positive this quarter as opposed to the negative trend during the last three months of 2011. Market activity indicates that rental value for retail properties has seen an increase [...] Continue Reading »
