Propsense Q3 2017 Released Gross Absorption was 12.1 msf spread across 438 msf of total stock across the top 7 Indian cities. Cumulative Vacancy for these cities was 12.5% during end of the quarter. To know more about major deals, transacted rates, net absorption and micromarket level statistics for the top 7 cities login to office.propstack.com *Grade A office data… Read More »
Let’s re-look at our past ten infographic highlights for the Indian CRE Market. Top 7 CRE markets in India recorded leasing activity of 26 msf in the first half of 2017 compared to 24.5 msf during the same time last year. Gross Absorption for Chennai and Noida more than doubled in H1 2017 compared to H1 2016. Hyderabad also… Read More »
Propstack is excited to launch the industry’s most anticipated and never before seen CRE Analytics dashboard! The wait is over – with the CRE Portfolio Analytics dashboard. Propstack users can: View & Analyze pan-India CRE (by individual occupier) activity in a single window Square footage across cities and individual properties of active leases, Monthly rental outflow by city, Aggregate… Read More »
Pune office rentals have been on an upswing due to limited availability coupled with steady demand for quality office space. Therefore Pune’s office average yield is increasing every year. Propstack analyzed the rent-yielding micromarkets. PBD west offers the highest yield for prime office space. *Yield mentioned is Gross Yield *Grade A office data only For more details login to office.propstack.com
Total 642 loans were registered in the first six months of 2017. March recorded highest 33% registration in H1 2017. Since loans are registered typically 30-45 days later, numbers for May and June are expected to increase as the year progresses. More than 1 lakh crores worth of developer loans (charges) were registered in H1… Read More »
Lets re-look at our past ten infographic highlights for the Indian CRE Market. IT Parks and Offices led leasing activity last year in Pune with 65% contribution in absorption. Furnished spaces seemed to be Occupiers choice last year in Pune. 60% of the total deals in 2016 were furnished with average rentals between INR 60-70/sf/month. The… Read More »
Shared office space company WeWork Cos is starting to expand with a broader real estate facilities management service, it said on Wednesday. WeWork is building on what it calls “on-site services” that began with an unnamed corporate client in Chicago that is reducing its leased space to two floors from three, said David Fano, the… Read More »
Sri Lankan capital Colombo is the most suitable to be South Asia’s commercial hub, says Liang Thow Ming, Chief Marketing Officer of the US$ 1.4 billion Colombo Port City project being executed by the China Harbor Engineering Company (CHEC) . Liang told this correspondent that Colombo is not only South Asia’s cleanest and the most… Read More »
10000+ sf deals constituted 1/3rd of the total lease deals in Mumbai in 2016. Smallest deal size of up to 2,500 sf contributed to 26% of the deals last year. Largest deals of above 50,000 sf had the lowest average rental value of INR 102/sf/month, while 5,000 sf to 10,000 sf deals had highest average rental value… Read More »
SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according to a source familiar with the matter. SoftBank, the Japanese telecommunications and internet company, has made bold and wide-ranging bets in the technology industry, including India ride-service company Ola, San Francisco-based financial services startup SoFi… Read More »
