New Delhi, Leasing of commercial spaces in malls rose 15 per cent year-on-year during the April-June period to 6.12 lakh sq ft across eight major cities due to improved demand from retailers, according to Cushman & Wakefield.Data from real estate consultancy Cushman & Wakefield India showed...
New Delhi, Jio Financial Services on Monday said its group chief operating officer Charanjit Attra has resigned consequent to his appointment as managing director and CEO of Jio Leasing Services Ltd.Jio Leasing Services is a wholly owned subsidiary of the company.Atra has tendered his...
New Delhi [India], Thanks to strong economic activities in the country, Global Capacity Centers (GCCs) accounted for 37 percent of total office leasing in the first half of 2024, highlights CBRE India Office Figures Q2 report , 2024 .The CBRE report further noted that overall office leasing...
New Delhi, The Indian real estate market remained buoyant between January and June this year, with housing sales hitting an 11-year high of 1.73 lakh units and office demand at a record 34.7 million. square feet in eight major cities, according to Knight Frank.On an annual basis, housing sales...
New Delhi: Office demand across seven major cities reached an all-time high with gross leasing of 33.54 million sq ft in the first half of this calendar year, according to JLL India.Real estate consultant JLL India on Wednesday released office demand data for the January-June period this year...
New Delhi [India], India is on its way to becoming an “Office for the World” in terms of commercial space provision, highlights a report by JLL, a real estate company.The report states that the country is at an inflection point where India's office markets are expected to advance given...
New Delhi [India], Colliers, a global commercial real estate services company, indicating strong business activities in the country, said the office market continued its strong performance in the second quarter (Q2) of calendar year (CY) 2024, recording 15.8 million square feet of office leasing...
New Delhi: Gross leasing of office space is estimated to have increased 8 per cent year-on-year during the April-June quarter in six major cities due to better demand, especially in Mumbai, according to Colliers.Gross leasing of office space is estimated at 15.8 million (158 lakh) sq ft during...
Currently, only 100 of the 13,661 taxis in Athens are electric. The programme, formally launched on Wednesday, aims to increase this number to at least 1,000 within the next 18 months through state and private sector support, Xinhua news agency reported.Under the existing green taxi scheme...
New Delhi, JSW MG Motor India on Thursday said it has partnered with Eversource Capital-backed NBFC Ecofi to provide financing and leasing solutions for its electric vehicles.The two companies have signed a memorandum of understanding (MoU) under which Ecofi will provide financing and leasing...
New Delhi [India], The fashion and apparel sector has emerged as a leader in India's retail landscape, contributing an impressive 40 per cent to the real estate leasing activity in the first quarter (January-March) of 2024.According to a report by JLL, this surge was led by mid-segment brands...
New Delhi [India], India's premium office space inventory has expanded by 164.3 million sq ft of new buildings from 2021 to the first quarter of 2024, according to a report by real estate advisory firm JLL.The report also highlights that Indian cities have emerged as technology and global...
Pakistan-occupied Gilgit Baltistan Opposition leaders in Gilgit city of Pakistan-occupied Gilgit Baltistan (POGB) held a press conference this week and criticized the wrongdoings of the ruling party and leasing out of guest houses and forest land to private entities. Expressed his concern over...
Skardu [POGB], Hundreds of residents of Skardu in Pakistan-occupied Gilgi Baltistan (POGB) staged a major protest over the administration's recent decision to lease out several government guest houses and forest lands to private business owners from Punjab province, a From local news outlet...
New Delhi: Engine Lease Finance BV, the aircraft engine leasing company of SpiceJet, has filed an insolvency petition before the NCLT against the debt-ridden airline for non-payment of more than US $ 12 million (about Rs 100 crore).Engine Lease Finance (ELF) has leased eight engines to...
New Delhi [India], A transformative era is on the horizon for India's leasing sector, according to FICCI and PwC's latest report 'Unveiling Opportunities: Exploring India's Leasing Landscape'. The report highlights leasing as an important mechanism to promote growth. The ability to access high...
New Delhi: Leasing of office space by foreign companies to set up Global Capability Centers (GCCs) has increased by 17 per cent in the last financial year, according to CBRE.Real estate consultant CBRE said the lease of office space for GCC setup stood at 22.5 million sq ft in FY 2023-24...
New Delhi, Kia India on Friday said it has tied up with Orix Auto Infrastructure Services to launch a new ownership experience programme.The company has signed a Memorandum of Understanding (MoU) with Orix 'Kia Lease'.The initiative aims to increase the reach of the brand and provide...
New Delhi, Demand for premium office space across major cities is likely to exceed 70 million sq ft this year and as work-from-home is no longer a concern for the Indian commercial real estate market, Anshul, head of Cushman Wakefield India, said. Jain.Cushman & Wakefield, one of the leading...
New Delhi, Brookfield India Real Estate Trust (BIRET) on Thursday reported 8 per cent rise in its adjusted net operating income to Rs 460.8 crore during the March quarter and announced a distribution of Rs 208.6 crore to unitholders.Its net operating income (NOI) in the year-ago period stood...