Increase in office space
India’s second largest software services firm Infosys has signed a contract with commercial real estate developer Skanska Property for leasing its office space for 10 years, the biggest such transaction in Poland this year. The expansion comes in the wake of Infosys is planning to expand the workforce at Lodz delivery centre by 500 people. [...] Continue Reading »
The Grade A commercial office market which is in the Delhi has attracted an increase in the demand for office space along with rental values rising across some select established micro-markets during the quarter that ended in June 2014. Delhi NCR is a huge leasing market that has seen sustained demand for the quality of [...] Continue Reading »
In Q1 2013, a net absorption of 189,600 sq ft was recorded in Ahmedabad, whereas in Q1 2014, the city posted 607,500 sq ft absorption. The figures are quoted from a study by Cushman & Wakefield. The absorption was concentrated in of Gandhinagar (66 per cent), Prahladnagar (25 per cent) and Sarkhej-Gandhinagar Highway (10 per [...] Continue Reading »
In the April-June quarter of 2011, commercial office space market in the country seen strong demand and witnesses over 33 per cent increase in office space. Delhi NCR, Mumbai, Bangalore and Chennai were the leading cities accounting for almost 80% of the entire space that was absorbed in the country. According to a latest survey, [...] Continue Reading »
