Tag: Vacancy Rates

Delhi registers highest vacancy in mall space

Delhi and its neighboring regions witnessed 24% vacancy in its mall space in 2008, the annual retail report issued by international real estate consultant Cushman & Wakefield has indicated. The mall rentals in Delhi also showed a proportionate decline in the range of 12-22%, the report said. Vacancy levels in Pune malls were also high […]

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 […]