office space leasing
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 »
The office space market in Bangalore witnessed a moderate leasing activity during September as against August this year. IT/ITeS sector continued to account for majority of the leasing in the city. The city has witnessed stable demand and restricted supply in the month. As a result, the overall vacancy rate has been low during the [...] Continue Reading »
Although the real estate market remained sluggish, nearly seven million sq ft of office space were leased out during the April-June period, says a survey. Major cities like Delhi NCR, Mumbai and Bangalore have totalled over 75 per cent of the entire space absorbed during the three month period, according to a report by global [...] Continue Reading »
The office space absorption in Hyderabad grew 5 % while overall office space absorption across top eight cities of the country plummeted 21% to 13.4 million sft as compared to 16.9 million sft in the first half of 2011, according to a study by global real estate consultancy firm Cushman & Wakefield. This steep drop in office [...] Continue Reading »
