Tag: Cushman & Wakefield

Cadbury House In Mumbai To Be Sold For Rs.450 Cr

Cadbury House, the current headquarters of Cadbury India, is expected to be sold for Rs.450 Cr. The confectionery firm has already appointed Cushman & Wakefield for this. Cadbury India has informed that it will sell its headquarters Cadbury House. The sale deed is to be fixed for Rs.450 Cr. Cadbury House is located on Pedder Road area […]

Connaught Place & BKC Hold Most Expensive Office Spaces

Connaught Place and Bandra-Kurla Complex are the two hottest office locations. Both Connaught Place and BKC have found place among the list of Asia-Pacific Region’s most expensive office locations. According to the annual survey of Cushman & Wakefield, Connaught Place and BKC are the two most expensive office locations in Asia-Pacific region. Connaught Place is […]

Office Space Absorption In Bangalore Plunges As IT-Demand Falls

Being an important IT- Hub, Bangalore always depends on the IT and ITeS sectors for its growth and development. Facing weak demand from these sectors, Bangalore now witnesses lower office space absorption. There has never been a doubt for anyone about the close relation of Bangalore with the IT and ITeS sectors. This is comparatively […]

How Koramangala Changed into a Hot Real Estate Destination in Bangalore

Once upon a time localities used to call Koramangala ‘Sollemangala’ (Solle means mosquitoes in Kannada). The area spread over 1,800 acres in eight blocks, was once petrified by mosquito menace and mangroves. It was a village and was considered not a great place to live for a Bangalorean in the 80s and 90s. Today, it is one of […]

Realty Industry Welcomes Rate Cut as Sees Benefit for All

The interest rate sensitive realty industry Tuesday welcomed the Reserve Bank of India’s (RBI) decision to cut key lending rates by 50 basis points, and felt the move will boost builders’ and home loan customers’ sentiments alike. “For the real estate in particular, this is indeed a welcome step by RBI. While the sector was […]

Brokers from Realty Sector bail out Real Estate Developers with buyback deals.

The prices are not moving up in metros for more than a year now and the buyers including investors are staying away from making a purchase decision, so brokers are in a fix currently. An Industry watcher said that the Real Estate Developers are facing a cash crunch in the NCR and Mumbai Metropolitan Region […]

Malls losing brands to high street

Malls are loosing brands to high street. Retailers grappling with issues of viability, visibility and branding are now quitting malls. Recent months have seen a gradual, but noticeable exodus of brands from malls to single-format stores on high street. This trend has added to the stagnant spaces in new malls, which have already been finding […]

110 Logistics Parks Are Expected To Be Operational By 2012

Indian logistics industry is expected to grow at 15% to 20% per annum, reaching its revenues of $385 billion by 2015, said a report prepared by Cushman and Wakefield, which term the sector as new powerhouse for the real estate sector in times to come. As per C&W estimates, the market share of organized logistics […]

Demand Slow Down Strikes Office Space Market

With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lackluster show in the 2nd quarter of 2008. The June quarter saw office space demand lagging far behind the supply levels of 18.07 million sq. ft. across major cities, as […]