Propstack is delighted to announce that Brandon Sedloff has joined the Board of Advisors this week. Brandon is the Managing Director/ Head of Business Development at Juniper Square, a San Francisco-based technology company that provides fundraising, investor reporting, and investment management software to real estate managers. Brandon has over 15 years of experience in the commercial… Read More »
Research Now, the global leader in digital data collection to power analytics and insights, today announced the official opening of a new India office located in the Cyber City business hub in Gurgaon, close to New Delhi. The new facility provides space for more than 50 staff servicing the India market, Asia Pacific clients, and… Read More »
A sluggish growth in demand for office spaces in the city through the last few years paints a grim picture for the state of business affairs in Bengal. The tepid demand has also stubbed significant launches in the market. According to a study , 42.4% office space of the Grade A category is lying vacant… Read More »
London, New York and Singapore top preferred investment destinations According to international real estate consultant Cluttons, Gulf Cooperation Council (GCC-based) high net worth individuals are set to continue investing in global real estate for the remainder of the year, with the 63% claiming that they are likely to invest in their most preferred real estate… Read More »
DLF Ltd, India’s largest real estate developer, has shortlisted bidders for the ongoing office stake sale transaction and expects to receive binding, updated bids in the form of shareholder agreement once the short-listed bidders complete their due diligence. The realty firm circulated the information memorandum to a number of investors across the globe in April,… Read More »
Incentives and initiatives for REIT listings are underway but what does it take for markets to absorb these initiatives, and regulator to create an eco-system conducive to REITs? After SEBI issued recent guidelines for Real Estate Investment Trusts to see the light of day, REITs have been the talk of the town. While REITs were… Read More »
DLF Ltd, India’s largest real estate developer, has shortlisted bidders for the ongoing office stake sale transaction and expects to receive binding, updated bids in the form of shareholder agreement once the short-listed bidders complete their due diligence. The realty firm circulated the information memorandum to a number of investors across the globe in April, and… Read More »
Singapore’s Temasek Holdings Pte and GIC Pte, the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority are in advanced talks to invest in Everstone Group’s $2 billion real estate investment trust (Reit) offer, three people aware of the development said. The offering by Everstone Group’s industrial and logistics real estate development platform, IndoSpace, is… Read More »
IndoSpace, a joint venture between Everstone Capital and industrial real estate firm Realterm, is in advanced stages of discussions with a clutch of marquee investors to raise funds through private real estate investment trusts (REIT). The report said that the potential gains from the REIT have attracted top global investors and that the transaction is… Read More »
The consolidation among ecommerce players in India has seen companies rationalising or scrimping on large office space in cities practically halving their commercial real estate transactions. The share of the ecommerce sector has fallen by almost half in the first half of this year as compared to the same period last year. According to real estate… Read More »
