The number of high net worth investors (HNIs) and corporates seriously looking to invest in Indian office space has increased manifold in the last few years. Mumbai continues as India’s numerous office space investment destination, with companies from all over the world unerringly zeroing in on the financial capital. As South Asia’s only true financial […]
August 3, 2010 – 11:44 pm
A report was released on Tuesday according to which Indian realty sector might face problem of plenty with office rental space. A further drop in rentals is also expected. As per the report presented by Jones Lang Lasalle Meghraj(JLLM) and Confederation of Indian Industry (CII), the vacancy level in India will increase from 17.2% in […]
Analysis of the growth in real estate sector in last few years was performed. It revealed some very interesting statistics of the growth. The facts go like this: In 2007, the office sector experienced highest demand. Grade A office space of about 32 million sq ft leased out in that year. But after that, it […]
April 27, 2010 – 11:30 am
April 27, 2010 As per some senior executive of JLLM, Jones Lang LaSalle Meghraj, integrated commercial space developments is following the steps of integrated residential complexes and is thus expanding in India. Mr. Anuj Puri, th Country Head of JLLM said that this is an upcoming trend as well as a saleable one. Such projects […]
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Also tagged Bangalore, BPTP ltd, Brigade Group, Commercial Complexes, Commercial Space, JLLM, Jones Lang Lasalle Meghraj, Mulund, noida, Residential Complexes, Retail Area, Space Developments
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March 17, 2010 – 11:51 am
Northstar BrigadeMarch 17, 2010 Oracle India, which was in discussion with Brigade, a Bangalore-based Group, for a 1.2-million square feet trade space in its Brigade Gateway project, has lost the deal. The office space in Brigade Northstar,a tower complex with 30 floors within Brigade Gateway,to amalgamate its several leased spaces in Bangalore was the next […]
January 8, 2009 – 5:21 am
The slow down in the global economy has led to huge vacant office spaces. According to reports, empty offices in New York City, Chicago and Los Angeles have already exceeded 10%. And Mumbai, too, is following a similar path. “It’s the same story here, and it has to do with the global meltdown,’’ said a […]
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Also tagged Business Districts, Business Hub, City Chicago, Commercial Business District, Commercial Real Estate, Corporates, Enclave, Global Economy, Global Meltdown, Global Property, Industry Experts, Last Quarter, Lease Agreements, Parel, Real Estate Values, Transaction Services, Urban Land Institute
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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 […]
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Also tagged Current Market, Economic Slowdown, Global Financial Turmoil, Global Investors, High Interest Rates, Hingorani, Industrial Projects, Infrastructure Fund, Initial Target, Investment Managers, Market Situation, Private Equity Firm, Property Markets, Real Estate Sector, Realty Fund, Supply Glut, University Endowments
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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 […]
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Also tagged Chennai Hyderabad, City Bangalore, Delhi Ncr, Electronic City, Global Economic Slowdown, Gurgaon, IT and ITeS, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Kolkata, Whitefield
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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 […]
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Also tagged Central Business District, Chennai, Commercial Real Estate, Cushman, Cushman & Wakefield, Excess Supply, Ncr, noida, Rajiv Gandhi, Rental Values, Slowdown, Space Market, Wakefield
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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 […]
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Also tagged Canary Wharf, Khar, Land, Lehman Bros, Lehman Brothers, Northern Suburbs, Real Estate Partners, Roppongi Hills, Unitech Ltd, Western Expressway, Worli
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