Tag Archives: Office Space

IL&FS raises 895 million dollar

December 9, 2008 – 3:45 am

Indian private equity firm IL&FS Investment Managers Ltd has raised $895 million for a new realty fund, tapping global investors despite the global financial turmoil and falling property markets.
The firm, one of India’s oldest private equity players, is also pulling money together for the first tranche of an Asia infrastructure fund, which it hopes to [...]

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Slowdown In IT And ITeS Office Space n Gurgaon and Noida

August 21, 2008 – 5:14 am

Economic slowdown in the US is expected to temper demand for IT and ITeS office space in Gurgaon and Noida during the second half of 2008, a global realty consultant has said in its report.
In its latest report for second quarter 2008, Jones Lang LaSalle Meghraj said that though Indian office markets have continued to [...]

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Demand Slow Down Strikes Office Space Market

August 7, 2008 – 7:42 am

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 companies [...]

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Lehman Bros Arm To Buy 50% In Unitech Project

June 16, 2008 – 12:04 am

Lehman Brothers Real Estate Partners has agreed to invest approximately US$175 million to acquire a 50% stake in the initial phase of a master-planned project on the Western Expressway of Mumbai.
The project is being jointly developed by Unitech Ltd. and their local Mumbai Partners (the Western Expressway JV).
The initial phase entails development one million square [...]

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