Office Deals

Listed REITs can expand as 47% of office stock is over 10 yrs old: Anarock

Anarock and Colliers reports show only 117.2 million sq. ft. under listed REITs in India with ageing Grade A stock and micro-market concentration offering growth opportunities

Zomato's parent firm inks 5-yr office lease deal in Andheri for Rs 95 cr

The lease agreement spans five years, featuring a fixed monthly rent of Rs 160 per sq ft for the first three years, followed by a 15 per cent escalation thereafter

India office rentals head north even as global markets face headwinds: Rpt

Research by Vestian showed that 2024 recorded the highest-ever leasing activity of 70.7 mn sq ft, marking an annual increase of 16%

Workplace business on a high as back to office becomes the new normal

While commercial real estate developers are banking on potential demand, they also believe that hybrid work culture will continue to co-exist

Tribeca picks 4 Indian cities for Trump Towers in FY26, seeks new deals

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

Bhive expands footprint in Brigade Metropolis, signs 2nd lease of 42k sq ft

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

GCCs drove India office demand with 37% share in leasing activity in Q1

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

LA's third-tallest tower Aon Center sells for 45% below 2014 price

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

Office space demand dips 4.5% in 2023 as compared to last year: Colliers

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

Office space leasing up 2% at 14.6 mn sq ft in top 6 cities: Colliers

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, ...

PwC India to buy salesforce consultancy Venerate Solutions for unknown sum

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

How some big-ticket office deals hit a roadblock because of market delays

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