Category Archives: Others

Banks tightened lending standards for commercial real estate in Q3: Fed survey

Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall, according to a survey of loan officers released on Monday by the Federal Reserve. For households, some banks reported easing lending standards on mortgages eligible for purchase by government-sponsored enterprises and some… Read More »

Saudi bourse says to list multiple real estate funds before year-end

Saudi Arabia’s stock market on Tuesday said it plans to list “multiple” exchange-listed real estate funds before the end of the year. The Tadawul’s statement follows regulations passed by the Capital Market Authority last month which paved the way for “real estate investment traded funds”. These would invest in residential, commercial, industrial, and agricultural real estate,… Read More »

9.6 mn sq ft Grade A office space absorbed in Q3

Nearly 9.6 million sq ft Grade A office space was absorbed during the July-September quarter of this year, a report said. According to a study of nine major metros by property consultant, office absorption witnessed sustained momentum, with Grade A absorption totalling 9.6 million sq ft, making it 28.26 million sq ft so far in 2016. “Although… Read More »

Infra sector growth at 3-month high of 5% in September

Infrastructure sector recorded a growth rate of 5 per cent in September, the highest in three months, on account of healthy performance by cement, steel and refinery products. The growth rate of the eight infrastructure sectors, coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity, in September 2015 was 3.7 per cent. The… Read More »

MPS Group announces Kerala projects

MPS Group on Saturday announced multiple projects in the residential and commercial segments of property development in Kerala. The biggest project is a convention centre at Thiruvananthapuram, with a built up area of 2.5 lakh square feet. “This will be developed on 14.5 acres of land we are holding at Vazhamuttom, on Thiruvananthapuram-Kovalam stretch,” said M… Read More »

Office space demand sees sustained pickup across top cities

The demand for commercial real estate across the country is getting stronger and is witnessing a sustained momentum. The office space absorption across top 9 property markets has seen a sustained growth with total 28.3 million sq ft picked up during the first nine months of 2016. Last year, commercial real estate in India registered a… Read More »

Blackstone plans two REITs for office assets

Global private equity firm Blackstone Group Lp, the largest owner of office real estate in India, plans to list two separate real estate investment trusts (REITs) for its office assets with developer partners, said multiple people familiar with the development. For its office parks in the National Capital Region (NCR), and west India (Mumbai and Pune),… Read More »