GAGAN RANDEV
BFSI firms' share rises to 29 pc in total gross office space leasing in Sep qtr across 9 major cities: CBRE
Overall, the consultant said that gross office leasing activity increased by 33 per cent Year-on-Year (Y-o-Y) to 15.8 million square feet during the July-September period across nine cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Pune, Kochi and Ahmedabad.
Delhi RERA mandates registration for property given on lease
The Real Estate Regulatory Authority of Delhi has made it mandatory for developers to register the project even in the case where the intention is to lease the area and not sell it. Delhi RERA on Monday has clarified that the commercial projects both office and retail comes under the ambit of RERA even if the developer wants to lease it.
Ecommerce share in warehouse leasing falls to 3% due to declining demand
E-commerce firms' share in Indian warehouse leasing fell to 3% amid declining demand due to the pandemic, compared to over 20% during Covid-19. Physical retailers rented 14% space during the first half of this year, as they witnessed a demand resurgence, according to Savills India. E-commerce had more than a fifth of warehouse space in 2020. Third-party logistics accounted for 44% of the total absorption in H1, followed by manufacturing, retail and fast-moving consumer goods. Experts said companies are also looking to outsource space they had taken during the pandemic.
Domestic firms continued to lead the absorption in April-June’2023 and H1 2023, says CBRE
Domestic firms continued to lead the absorption in April-June’2023 and H1 2023, accounting for a share of 43% and 46%, respectively, mainly led by flexible space operators, technology corporates and BFSI firms according to a report by CBRE. The report points out that office leasing increased by 12% Q-o-Q and touched 13.9 mn. sq. ft. during the April-June’23 period.
RBI looking for at least 50,000 sq ft office space in BKC, South Mumbai
According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum 40,000 square feet carpet area located in and around BKC within a radius of 5 km from its BKC office.
Office space leasing to increase by 10-15% in 2022 : Experts
“Occupiers’ intention to expand is expected to exert downward pressure on vacancies in the coming years,” said Anshuman Magazine, chairman & CEO-India, South-East Asia, Middle East & Africa at CBRE.
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Haryana government’s reservation law might impact office space leasing
Haryana government on Saturday notified the Employment of Local Candidates Act, 2020 which will be implemented from January 15.
India's logistics space demand resilient: Report
In Asia, the net absorption reached 27.4 million sq ft, a record quarterly high, despite disruption to manufacturing and container shipping, real estate consultancy CBRE's Asia Pacific report said.
78% of warehousing occupiers intend to expand real estate footprint in the next three years : Survey
As per the survey, 84% of occupiers expect the operating environment to improve in the next three years while 78% plan to add to their logistics footprint in the next three years and 61% view cost as the top barrier to expansion.
Corporates' demand for flexible workspace up 73 pc in Jan-Jun period
In its latest report for the office market, property consultant Cushman and Wakefield said the total seats leased by enterprises could cross 50,000 during the 2021 calendar year.
E-commerce firms, third-party logistics lease over 5 lakh sq ft in Gurgaon
“In less than a month, we have already seen close to half a dozen leasing transactions signalling strong growth in the segment. NCR has emerged as the preferred hub for warehousing due to its connectivity to multiple states,” said Vibhor Jain, managing director-north India at Cushman & Wakefield.
Sebi decisions to encourage retail investors' participation in REITs: Realty players
REIT is a tax-efficient vehicle that enables owners of real estate to pool income generating assets together in a portfolio.
Institutions invest $3.5 billion in Indian realty this year
Positive sentiment after first REIT listing helps boost investments.
Ghodawat sells 2.5 lakh sqft property in Bengaluru for Rs 350cr
The diversified Sanjay Ghodawat Group has interests in aviation, consumer products, education, energy, food processing, mining and textiles.
Gagan Randev joins Colliers International as the National Director, Capital Markets & Investment Services
Gagan will partner with Suresh Castellino, National Director, CMIS at Colliers International to further strengthen the CMIS business with predominant focus on NCR and Kolkata.
As investors get shock of stocks, gold proves saving grace
Market pundits seem to be playing it safe and are predicting Sensex levels ranging from as low as 8,000 to as high as 28,500 points in 2012.
Global, local woes take a toll on domestic broking firms: Gagan Randev, Religare Securities
The market could fall as much as 15% if the eurozone crisis deteriorates and the government is unable to push ahead economic reforms,.
Gold likely to stay bullish, say experts
Gold prices present a good opportunity for long-term investors to accumulate the precious metal as its overall outlook remains positive amid the current economic uncertainty.
Religare wins award for Best Commodity Broker of the Year
The 2011 Awards Ceremony has been instituted to acknowledge the extraordinary contribution of India’s financial leaders and visionaries.
Should you diversify in global funds?
They have outperformed the domestic funds in the short term, but experts believe this trend will not continue for long. Here's what you need to know.
Religare Commodities becomes wholly-owned arm of Religare Securities
The move will help bring together the company's commodities and equity broking businesses under one roof.
ABN Amro fires legal notice to ex-employees for 'poaching'
ABN Amro India has slapped legal notices on eight senior executives of its wealth management offshoot. 20 Indian banks in global list | Top 10 international banks
ABN losing personnel wealth to Religare
Over 40-50 senior & mid-level executives have quit ABN Amro to join Religare.
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