Commercial Property Archive

India Records Highest Office Space Leasing in Asia-Pacific

According to a report released by Jones Lang LaSalle, office space leasing in India was recorded at the highest in the entire Asia-Pacific region. These figures are reflective of the office space leasing in the quarter ended September, 2015. Office space leasing in India touched a whopping $ 1 billion for the

Demand for Office Spaces on the Rise

The commercial segment of Indian realty is finally witnessing signs of recovery as property developers are showing an increased interest in office spaces. The demand for office spaces has rocketed so much so that developers are already facing a supply constraint in ‘Grade A’ office spaces. This is because ever since the

Indian Cities Ace New York and London in Office Rental Yields

A report by Knight Frank India entitled ‘Global Cities 2016’ revealed that major Indian cities like Bengaluru, Delhi and Mumbai have emerged as champions of providing office rental yields to investors. The report further records that global commercial centres like New York and London were left far behind in the same list.

9 Million Square Feet of Corporate Office Space Leased in the Third Quarter

According to CBRE, a property advisory, in the third quarter starting July to September of 2015, corporate office space leased across the top seven cities of the country touched 9 million square feet, marking a 20 per cent increase from the last year. In terms of quarter-on-quarter basis figures, a 6 per

REITs: $15-20 Billion of Commercial Properties in Next 2-3 Years

A recent survey conducted by KPMG (Klynveld Peat Marwick Goerdeler), one of the largest auditors is out with an interesting finding. The firm has reported that about 100 million sq. ft. of commercial space will be eligible for REITs (Real Estate Investment Trusts) in another 2 to 3 years. The value of