News Muncher - category cbre

1 week, 5 days ago

India’s data centre capacity set to touch 2,070 MW by the end of 2025: Report

India’s data centre capacity is projected to reach about 2,070 megawatts by the end of 2025. The country’s current data centre capacity stands at about 1,255 MW, and is estimated to expand to around 1,600 MW by the end of 2024, a report by CBRE has said. The 2024 India Data Centre Market Update report said that one of the …

India Mumbai Data End 2025 Centre Capacity

1 week, 5 days ago

40% of housing construction projects halted by two-thirds affordable requirement

NL Times

The construction of 40 percent of new homes is currently at a standstill because of the government requirement that two-thirds of newly constructed homes must be affordable. The surveyed project developers told CBRE that 60 percent of stalled projects could be realized if the affordability requirement was scrapped. According to Taco van Hoek of the EIB, the government must create …

Homes Housing Construction Project Cbre Requirement Project Developers

2 weeks, 6 days ago

Historic department store to become university campus in The Hague

NL Times

A historic building once home to department stores V&D and Hudson’s Bay in The Hague is undergoing a major transformation. Located just a 10-minute walk from Den Haag Central Station, five minutes from parliament, and diagonally opposite City Hall, the 20,000-square-meter site will soon house a university campus. The renovated campus will host several institutions, including the University of Leiden …

Cbre Department Store Glazemaker

3 weeks, 5 days ago

Office leasing by Global Capability Centres in Chennai to touch 3.2 mn sq ft by 2025: CBRE

Hindustan Times

Office leasing by Global Capability Centres in Chennai is expected to touch 3.2 mn sq ft by 2025 on the back of growing infrastructure, proactive state government policies, and quality office developments that are aligned to meet the needs of global corporates, a report by CBRE has said. Office leasing by Global Capability Centres in Chennai is expected to touch …

Global India Tamil Nadu Chennai Office City Report

1 month ago

Equity investments in real estate sector to surpass $10 billion in 2024: CBRE-CII report

Hindustan Times

Equity investments in Indian real estate may surpass $10 billion in 2024 on the back of strong inflows into built-up office space assets and a robust land acquisition pipeline for residential projects, according to a report by industry body CII and real estate consultant CBRE. "Overall equity investments in 2024 in the real estate sector are set to hit a …

India Real Estate Bengaluru Delhi Mumbai Equity Investments

€3 million home market is buoyant but renters have less choice

Dutch News

In total 30 homes costing more than €3 million were bought in Amsterdam over the past year, according to research by real estate advisor CBRE. Amsterdam, the agency said, is developing into a “luxury hot spot” within the Netherlands, given that 80% of the top of the market deals are taking place in the Dutch capital. The low prices for …

Amsterdam Dutch Netherlands Cbre

Thirty Amsterdam homes sold for more than €3 million last year

NL Times

Last year, 30 Amsterdam homes sold for more than 3 million euros and at least 12,000 euros per square meter. Amsterdam has a few homes in CBRE’s “ultra-luxury” segment, with prices of at least 19,000 euros per square meter. But the Dutch capital doesn’t yet count any homes in the “exceptional” category, with prices over 40,000 euros per square meter. …

Amsterdam Homes Luxury Luxury Homes Euros Square Cbre

1 month, 1 week ago

Red Lobster and TGI Fridays are closing. Here’s what’s moving in

CNN

New York CNN — In Woodbridge, Virginia, LongHorn Steakhouse will take over an old TGI Fridays. This is completely expected,” said Jeff Kreshek, a senior vice president at Federal Realty, which owns one vacant Red Lobster property in Maryland and two TGI Fridays real estate locations that remain open in Maryland and California. Elijah Nouvelage/Getty Images “A lot of former …

Restaurants Restaurant Red Estate Real Locations Watch

1 month, 3 weeks ago

Strong performance by hotel sector in Northern Ireland, report finds

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Northern Ireland’s hotel sector performed …

Northern Ireland Market Budget Hotel Sector Ireland Belfast

2 months ago

Back-to-office orders have become common. Enforcement not so much

LA Times

Since Cynthia Clemons’ employer announced last month that she was required to be in the office two days each week, the switch from remote work hasn’t been smooth. We feel very strongly about that.” Employees at the DTLA Alliance business improvement district in downtown Los Angeles do not have to follow a formal or enforced attendance policy, Executive Vice President …

Employees Office Work Los Los Angeles Employee Whelan

2 months, 1 week ago

Wedbush Securities joins downtown L.A. exodus, opting for smaller, more flexible office in Pasadena

LA Times

A view of Wedbush Center in downtown Los Angeles. “Casual restaurants to really fine dining, fitness centers — it just had everything.” Wedbush’s move, which will take place formally in the first half of 2025, reflects a trend that has been affecting downtown and much of Los Angeles County for the last few years, real estate brokerage CBRE said in …

Market Office California Securities Angeles Los Angeles Estate

4 months, 2 weeks ago

Bengaluru tops flexible office stock in Asia Pacific region, Delhi-NCR on second spot: Report

Hindustan Times

Bengaluru tops the list of 20 Asia Pacific cities with the highest flexible office stock at 15.5 mn sq ft in the APAC region, including Shanghai, Seoul and Tokyo. Delhi NCR ranks second in the city list with a total stock of 10.7 mn sq ft of flexible office space, a report by CBRE has said. Bengaluru tops flexible office …

India Space Bengaluru Delhi Cities Indian Office

5 months ago

Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list

Hindustan Times

More than 8500 luxury housing units were sold in the January to June 2024 period compared to around 6,700 units during the same period last year registering an almost 27% increase in sales. Delhi-NCR, Mumbai, and Hyderabad emerged as prominent markets, accounting for nearly 84% of the total luxury housing sales of units priced more than ₹4 crore across the …

India Luxury Delhi Mumbai Hyderabad Housing Market

5 months, 2 weeks ago

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft

Hindustan Times

Office leasing touched 32.8 mn sq ft during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE South Asia Pvt. ft. during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE Bengaluru led office space absorption, accounting for about one-fourth of the total leasing …

India Space Bengaluru Mumbai Hyderabad Chennai Pune

6 months, 3 weeks ago

Leasing by Global Capability Centres in India increases by 17%; touches 22.5 mn sq ft in FY 2023-24

Hindustan Times

Leasing by Global Capability Centres increased by around 17% Y-o-Y in FY 2023-24 compared to FY 2022-23, touching 22.5 mn sq ft in FY 2023-24 as compared to 19.2 mn sq ft in FY 2022-23. Leasing by Global Capability Centres increased by around 17% Y-o-Y in FY 2023-24 compared to FY 2022-23 touching 22.5 mn sq ft in FY 2023-24 …

Global India Capability Cbre Leasing Gccs Centres

7 months, 3 weeks ago

A tale of two downtowns in L.A.: As offices languish, apartments thrive

LA Times

By many measures, downtown Los Angeles’ newest apartment tower is over the top with such gilded flourishes as stone tiles from Spain lining the elevator cabs and hand-troweled Italian plaster on interior walls. The decision by Mitsui Fudosan America, the Japanese real estate company that owns Figueroa Eight, to spend as much as $350 million to build an ultra high-end …

Office Work Buildings Tenants Building New York Angeles

8 months, 1 week ago

Retail leasing expected to be firm in 2024, to touch 6-6.5 mn sq ft by year end; Tier-II markets to attract new brands

Hindustan Times

Retail leasing is expected to sustain between 6 to 6.5 mn sq ft in 2024 fueled by leasing activity across malls and high streets with Hyderabad, Bengaluru and Delhi likely to account for maximum share, a report by CBRE titled ‘2024 India Market Outlook’ has said. Retail leasing is expected to sustain between 6 to 6.5 mn sq ft in …

India Bengaluru Retail Delhi Hyderabad Cities Expansion

8 months, 2 weeks ago

Canada’s Housing Crisis Will Persist on Tradespeople Shortage, CBRE Says

Live Mint

-- Canada doesn’t have enough skilled tradespeople to build its way out of its current housing shortage, threatening long-term damage to the country’s social fabric, according to a top executive at one of the world’s biggest real estate firms. Housing is becoming the central issue ahead of Canada’s next general election, currently expected in 2025, with a lack of dwellings …

Housing Canada

8 months, 3 weeks ago

New workplace-experience consultants are designing the offices of the future

BBC

New workplace-experience consultants are designing the offices of the future Billy Bolton In London, the rooftop terrace at 280 Bishopsgate for Arax Properties, CBRE Global Investors and King Street As companies scramble to make inviting workspaces, they're turning to a niche swath of experts to build something special. Building a tempting office "Two out of three organisations are either looking …

Real Estate London Space Workplace Corporate Office Companies

8 months, 4 weeks ago

Real estate investors turn to lawyers after ‘huge’ CO2 shock

Hindustan Times

-- Real estate investors already battered by high interest rates now face the prospect of significant write downs triggered by new European regulations. Real estate investors already battered by high interest rates now face the prospect of significant write downs triggered by new European regulations. “The reality is there will be some who simply can’t afford or would choose not …

Energy Property Buildings Green Investors According Estate

10 months ago

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023; Bullish momentum likely to continue in 2024

Hindustan Times

The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across seven Indian cities in 2023 and the momentum is expected to continue in 2024 as well. The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment …

Bengaluru Delhi Mumbai Indian City Cbre Leasing

10 months ago

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report

News 18

In 2023, nearly 3000 new luxury apartments were sold in Greater Mumbai with an overall value of Rs 38,000 crore. In another report by real estate consultant CBRE, it was found that HNIs are showing keen interest in buying luxury residential properties as sales of homes costing Rs 4 crore and above rose 75 per cent last year across seven …

Homes Luxury Mumbai Sales Luxury Homes Units Crore

11 months ago

Industrial & Logistics leasing in MMR touches high of 9.9 mn sq ft: report

Hindustan Times

Mumbai: The Mumbai Metropolitan Region touched an all-time high of 9.9 million square feet in Industrial & Logistics leasing in 2023, with the July-December half of this year contributing 5.3 million square feet, said the findings of ‘CBRE Industrial & Logistics Figures H2 2023’, a report by leading real estate consulting firm CBRE South Asia Pvt Ltd. HT Image Third-party …

India Mumbai Manufacturing Logistics Report Mmr 2023

1 year, 2 months ago

Hyderabad absorbs 3.1 million sqft office space in July-Sept. quarter: CBRE

Deccan Chronicle

Hyderabad: Hyderabad stood among the top three cities dominating office space leasing in July-September and recorded 3.1 million sq ft of office space absorption, with a 261 per cent year-on-year increase. Key transactions during the quarter included Bristol Myers Squibb, The Executive Centre, Pinnacle Reliability, according to CBRE India office figures Q3 2023 report. On a pan-India basis, office leasing …

Hyderabad Office Million Cent

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Articles for Cbre

India’s data centre capacity set to touch 2,070 MW by the end of 2025: Report

40% of housing construction projects halted by two-thirds affordable requirement

Historic department store to become university campus in The Hague

Office leasing by Global Capability Centres in Chennai to touch 3.2 mn sq ft by 2025: CBRE

Equity investments in real estate sector to surpass $10 billion in 2024: CBRE-CII report

€3 million home market is buoyant but renters have less choice

Thirty Amsterdam homes sold for more than €3 million last year

Red Lobster and TGI Fridays are closing. Here’s what’s moving in

Strong performance by hotel sector in Northern Ireland, report finds

Back-to-office orders have become common. Enforcement not so much

Wedbush Securities joins downtown L.A. exodus, opting for smaller, more flexible office in Pasadena

Bengaluru tops flexible office stock in Asia Pacific region, Delhi-NCR on second spot: Report

Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft

Leasing by Global Capability Centres in India increases by 17%; touches 22.5 mn sq ft in FY 2023-24

A tale of two downtowns in L.A.: As offices languish, apartments thrive

Retail leasing expected to be firm in 2024, to touch 6-6.5 mn sq ft by year end; Tier-II markets to attract new brands

Canada’s Housing Crisis Will Persist on Tradespeople Shortage, CBRE Says

New workplace-experience consultants are designing the offices of the future

Real estate investors turn to lawyers after ‘huge’ CO2 shock

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023; Bullish momentum likely to continue in 2024

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report

Industrial & Logistics leasing in MMR touches high of 9.9 mn sq ft: report

Hyderabad absorbs 3.1 million sqft office space in July-Sept. quarter: CBRE