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4 mins read
Real-estate giant JLL is gaining a key partnership as WeWork unloads its Managed by Q business at a fire-sale price
WeWork had been considering a sale to a group led by Managed By Q co-founder Dan Teran for less tha…
Alex Nicoll
4 mins read
Shopping malls turning to food courts to escape from e-commerce onslaught
Marred by the growing e-commerce sector and the constant decline in the footfalls, offline retailer…
2 mins read
A cleaner who helped organize a protest at a Facebook office over 'impossible' workloads has been suspended and could be fired, a report says
The building's owner said Guillermo Camacho should be suspended for failing to maintain a high stan…
Stephen Jones
2 mins read
Chanel is reportedly buying its flagship London store from landlords for about $402 million, 30% above asking price
French fashion house Chanel is paying substantially more than Swedish pension fund SEB's $315.7 mil…
Grace Dean
1 min read
Bengaluru is the most dynamic city in the world, beats Silicon Valley
As per Jones Lang LaSalle's fourth annual City Momentum Index of cities around the world, Bengaluru…
2 mins read
COVID-19 hits hotel industry; revenue per room drops 13-29% in Jan-Mar in top cities: Report
In RevPAR, the maximum fall was seen in Bengaluru at 28.5 per cent, followed by Delhi 20.3 per cen…
PTI
1 min read
Office space leasing up 40 pc at record 46.5 mn sq ft in 2019: Report
New Delhi, Dec 23 () Net office space leasing rose by 40 per this year across seven major cities to…
PTI
1 min read
Office space leasing in Delhi-NCR jumps 2-fold to record 10.82 mn sq ft in 2019: Report
New Delhi, Dec 29 () Net leasing of office space jumped over two-fold to record 10.82 million sq ft…
PTI
2 mins read
Gross leasing of office space up 25 pc in 2019 at record 61.6 mn sq ft in 9 cities: Report
New Delhi, Jan 13 () Gross leasing of office space increased by 25 per cent to an all-time high of …
PTI
2 mins read
HSBC staff in Hong Kong can now reportedly work 4 days a week from home — and they'll get a $322 allowance to set up a home office
HSBC gave Hong Kong staff three options, per a memo seen by Bloomberg: Working mainly from home, ma…
Grace Dean
2 mins read
There's one bright spot in commercial real estate amid an 'inevitable' wave of distress, CEO says
Commercial real estate has struggled post-pandemic, but the industry is seeing "an almost unquencha…
Kelly Cloonan
1 min read
Elon Musk may be souring on San Francisco with a move to sublease X's headquarters
X is reportedly planning to sublease its entire headquarters in San Francisco after Elon Musk criti…
Jyoti Mann
2 mins read
Tech workers look like the real winners of the AI talent war
The battle for AI talent appears to be driving up salaries.
Jyoti Mann
3 mins read
Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores
Louis Vuitton Moët Hennessy is betting billions on in-person shopping by turning old buildings into…
Hannah Getahun
3 mins read
The city whose 'doom loop' just might be worse than San Francisco's
A vacant St. Louis building that sold for $3.6 million after trading for $205 million at its peak i…
Jordan Pandy
5 mins read
Cementing gains: Indian real estate sector sees strong inflows from domestic capital
The Indian real estate sector, which has been having a positive 2023, is now looking poised for exp…
2 mins read
Adam Neumann, the ousted CEO of WeWork, toyed with a rescue package for the company
Sandeep Mathrani also entertained ideas to shore up WeWork from coworking firm IWG and broker JLL b…
Al Yoon
3 mins read
You can own a fraction of a real estate property, but it pays to keep the following in mind
Owning real estate is not just a financial decision, in many cases, it’s a deep-rooted emotional on…
3 mins read
This FMCG stock is trading at a discount to peers despite growth outpacing rivals
Mumbai-based FMCG company Jyothy Labs (JLL) is on a firm footing and that’s reflecting in the stock…
4 mins read
Start-ups account for almost ⅓ flex place adoption, second only to technology sector
India's operational flexible office space (flex stock) is expected to double in size to reach 106 m…