Office Deals

The company has targeted Mumbai, Pune, Gurugram, and Hyderabad as the new locations for Trump Towers in India

Bhive noted the launch of a new facility on the 7th floor of Summit B, complementing its existing office in Summit A

India's prime office markets saw a 4-8 per cent year-on-year rise in rentals in the first quarter, propelled by strong demand and an influx of high-quality supply, according to Colliers' latest report

The sale is the largest office deal this year in downtown Los Angeles, which has been among the hardest-hit US office markets since the pandemic as remote work becomes more popular

Bengaluru and Delhi-NCR led the demand, accounting for nearly half of the total demand for office space in India till September

Average office rentals remained stable during April-June at Rs 95 per square feet across six major cities as new supply rose 32 per cent, while demand grew by a modest 2 per cent, according to Colliers India. Real estate consultant Colliers India released its quarterly data of six major office markets -- Bengaluru, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune -- on Wednesday. Gross leasing of office space rose 2 per cent to 14.6 million square feet across top six cities during April-June, from 14.3 million square feet in the year-ago period, driven by technology, engineering & manufacturing sectors. Chennai saw a three-fold jump in office demand, beating Delhi-NCR and Mumbai in leasing activities. New supply of office space rose 32 per cent to 12.4 million square feet across these six cities from 9.4 million square feet. Weighted average rental remained flat at Rs 95 per square feet a month, across six cities. Peush Jain, Managing Director, Office Services, India, Colliers, ...

Deal aligns with PwC's move to invest in digital transformation and strategic alliances

Amit Goenka, MD at Nisus Finance, said yield expectations of investors had gone up, with the rise in loan and capitalisation