Tag: Jll

Asia Pacific realty market rolling under slump

The Asia Pacific property market is witnessing major impact from global economic turmoil, with vacancy rates rising and office space leasing declining, according to global realty consultant Jones Lang LaSalle. “In Asia Pacific, the financial market turmoil is starting to significantly affect the occupancy market for major financial office centres. Net leasing activity has been [...]

Realty Deals Get Buried In Pan-India Landslide

Over the last two years, land prices have shown a northward trend. Now, it’s time now for a realty check. Record land auction at Mumbai’s Bandra-Kurla Complex- like the Rs 46,000 per square feet buy by Wadhwa Builders in November 2007 are passe. The last auction at BKC, by Jet Airways, has seen rates tumbling [...]