Articles for Office Leasing

Cocktail of positives lifts office leasing
1 month ago

Cocktail of positives lifts office leasing

Live Mint  

Things are gradually falling in place for the Indian commercial real estate sector, translating into higher demand for Grade-A offices. Net absorption of commercial real estate across India’s top seven cities stood at a robust 10.2 million square feet in Q2FY25, marking a 23% year-on-year increase and a 9% sequential rise, according to Propstack data compiled by Kotak Institutional Equities. …

India Indian Office Estate Office Leasing Leasing Commercial Real Estate
Office leasing by Global Capability Centres in Chennai to touch 3.2 mn sq ft by 2025: CBRE
1 month, 1 week 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
Hyderabad Real Estate: A Thriving Hub for Developers and Investors
3 months, 1 week ago

Hyderabad Real Estate: A Thriving Hub for Developers and Investors

The Hindu  

Hyderabad real estate has recently emerged as one of India’s fastest-growing real estate markets. The establishment of top companies typically has increased in the value of commercial, retail, and even residential sectors in Hyderabad real estate Enhancement of the business environment in Hyderabad real estate: The increasing foreign direct investment is indicative of the corporatization that the city has undergone …

India Real Estate Hyderabad Indian Economic City Telangana
Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand
3 months, 2 weeks ago

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand

Hindustan Times  

The July-September quarter of 2024 recorded a 31% year-on-year growth in office leasing, pushing the tally to 17.3 million square feet across the top six cities, a report by property consultancy Colliers said on September 26. Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand Bengaluru and …

India Bengaluru Delhi Mumbai Hyderabad Pune 2024
Domestic firms projected to lease 60-65 mn sq ft of office space in 2024-25: Report
3 months, 3 weeks ago

Domestic firms projected to lease 60-65 mn sq ft of office space in 2024-25: Report

Hindustan Times  

Reflecting a shifting trend in India’s commercial real estate segment, domestic firms are expected to lease 60-65 million square feet of office space in 2024-25, thus challenging the historical dominance of global corporations, particularly from the US, a report by property consultancy CBRE noted. Domestic firms are projected to lease 60-65 million square feet of office in 2024-25 The report …

India Space Bengaluru Office Domestic Report Firms
Office market touches 34.7 mn sq ft transactions in H1 2024; may double by year end on the back of demand from IT firms
6 months ago

Office market touches 34.7 mn sq ft transactions in H1 2024; may double by year end on the back of demand from IT firms

Hindustan Times  

Office space market across the top eight cities in India recorded its highest ever transaction volume in a half yearly period at 34.7 million square feet in H1 2024. Vacancy rate reduced to 15.6% The office market witnessed 25.1 mn sq ft of space completions in H1 2024. Though GCC recorded a mark-up in its share, India Facing Business continued …

India Space Bengaluru 2024 Demand Million Ncr
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
6 months 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
Office leasing touches 33.5 mn sq ft in the first half of the year, up by 29%: JLL
6 months ago

Office leasing touches 33.5 mn sq ft in the first half of the year, up by 29%: JLL

Hindustan Times  

Office leasing was up by 29% to touch 33.5 mn sq ft in the first half of the year. Office leasing touches 33.5 mn sq ft in the first half of the year, up by 29%: JLL Office demand across seven major cities hit an all-time high in the first half of this calendar year with gross leasing of 33.54 …

India Bengaluru Delhi Mumbai Office Share Million
Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y
8 months, 2 weeks ago

Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y

Hindustan Times  

Despite global uncertainties stemming from uneven economic scenarios and geopolitical tensions, the first quarter of 2024 witnessed office leasing activity of 16.7 mn sq. ft in India, a 20% increase year-on-year even as office space absorption across India’s six major cities is likely to register around 61 mn sq ft in 2024, according to international real estate advisory firm Savills …

India Mumbai Tech Office 2024 Share Demand
Global capability centres and third-party IT service providers lease over 46% of office space in India
8 months, 3 weeks ago

Global capability centres and third-party IT service providers lease over 46% of office space in India

Hindustan Times  

Global firms outsourcing jobs to India have become a major occupier of office space in India with global capability centres and third-party IT service providers contributing to over 46% of office leasing in 2023, a report by Knight Frank titled Asia Pacific Horizon: Harnessing the Potential of Offshoring, has said. Global firms outsourcing jobs to India have become a major …

Global India Indian Office Service 2023 Capability
Almost 50% home buyers prefer 3BHK homes; 75% want balconies: FICCI-Anarock survey
10 months ago

Almost 50% home buyers prefer 3BHK homes; 75% want balconies: FICCI-Anarock survey

Hindustan Times  

In a reversal of trend, almost 50% of home buyers prefer buying 3BHK homes and 38% favor 2BHKs. That’s not all, as many as 58% millennials and 39% Gen-X potential buyers intend using their gains from other investments to purchase homes, a FICCI-Anarock Consumer Sentiment Survey has said. As many as 58% millennials and 39% Gen-X potential home buyers intend …

Real Estate Homes Indian Office Home Buyers Demand Estate
‘Bengaluru leads office leasing market with a 30% share in Q2’
2 years, 6 months ago

‘Bengaluru leads office leasing market with a 30% share in Q2’

The Hindu  

Bengaluru led the office leasing market in the country in the second quarter of calendar year 2022 by solely forking out a 30% market share followed by Mumbai and Delhi-NCR claiming 19% and 18% slice respectively, said Colliers, a global realty advisory and management firm, on Monday. All the major markets, with Bengaluru dominating, witnessed strong leasing activity during the …

India Bengaluru Market Indian Office Leasing Colliers
What the pandemic has taught us
3 years ago

What the pandemic has taught us

The Hindu  

The two years immediately preceding the pandemic witnessed record-breaking office leasing of over 47mn sqft in 2018 and approximately 56 mn sqft in 2019, in the six key commercial markets of the country. Improving accessibility to real estate products, be it a home or a derivative like REIT, has paved the way for demand revival in key real estate verticals. …

Real Estate Wellness Pandemic Office Estate Real Second Homes
Office leasing in L.A. falls to lowest level since Great Recession
4 years, 6 months ago

Office leasing in L.A. falls to lowest level since Great Recession

LA Times  

Office leasing in Los Angeles County fell to its lowest point since the Great Recession in the second quarter as many businesses reeling from coronavirus restrictions and economic uncertainty halted their searches for new space. Yet, the office market remained in decent shape from a landlord’s perspective with the overall vacancy rate of 12.8% — still lower than it was …

Space Market Office Los Angeles Office Leasing Willett Economic Uncertainty