The company will open three locations next year in partnership with a Chinese real estate firm. WeWork, the office co-working space provider, is expanding its footprint in China. On Thursday, the company announced a new partnership with Sino-Ocean Group, a major real estate company based in Beijing. As part of the deal, the companies plan to… Read More »
Due to a phenomenal rise in the Indian startup ecosystem and the new entrepreneurial mindset of the youth, the demands for coworking spaces in Mumbai have gone sky-high. To meet this demand, Mumbai-based entrepreneur Waqar Azmi has recently launched MumbaiCoworking to fulfill the workspace needs of startups and SMEs. MumbaiCoworking is based in Andheri West,… Read More »
According to the IT industry watchdog Nasscom, India ranks third “among global startup ecosystems with more than 4,200 new-age companies” and the startup revolution is only becoming bigger and better over the years. Where a startup sets up shop is very important and the most important factor to consider here is “location, location and location”.… Read More »
In the largest ever transaction in Nariman Point’s history, Singapore’s multinational bank DBS Bank is set to pick up 1 lakh sq ft of prime office space spread over total five floors in Blackstone Group’s commercial property, Express Towers, said two persons familiar with the development. Nariman Point has not recorded a single deal of this… Read More »
UK commercial property values inched ahead in October, a closely-watched index showed on Monday, breaking a downward trend since Britain voted to leave the European Union in June. Overall property values for UK commercial assets rose 0.07 percent in October, following gradually decreasing declines between July and September, the IPD real estate index, compiled by MSCI,… Read More »
To better understand the effect of demonetisation it is necessary to segregate the real estate market into primary and secondary. Primary market will constitute of the new apartments and flats that are being constructed and sold by prominent real estate developers. Secondary market involves the resale of existing residential flats, land and commercial properties. Secondary markets… Read More »
Office rentals are rising in India’s top three cities as premium buildings run out of space due to rising demand and the lack of fresh supply of quality spaces. Most premium office buildings in Mumbai, Delhi and the National Capital Region (NCR), and Bengaluru are fully leased out, while a few of them have vacancies of… Read More »
To further intensify the crackdown on black money, Assocham has suggested the Centre to impress upon states to “drastically” lower stamp duty on residential and commercial property deals to dissuade people from undervaluing purchases. The industry body said that the biggest beneficiary of the move would be buyers of residential or commercial properties. “One of the… Read More »
It’s becoming hard to differentiate between an office and a café. Mumbai’s co-working spaces are a mix of work and play, with conference rooms, printers and wi-fi, but also the sweet aroma of coffee in the air, and areas for napping, showering and even indoor sports. As these co-working spaces draw a steady mix of… Read More »
New office space planned for Dublin over the next five years can accommodate more than 100,000 extra workers and any companies seeking to relocate as a result of Britain’s vote to leave the European Union, property group Savills said on Thursday. Ireland has called the prospect of Brexit the greatest economic and social challenge it has… Read More »
