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Dev Accelerator plans ₹125 crore IPO amid high demand for flexible office spaces
It proposes to use Rs 30 crore towards repayment and/or prepayment (in full or in part) of ce…
PTI
Domestic firms to lease 60-65 million sq ft office space by 2025: CBRE report
Domestic companies have been responsible for nearly 47 per cent of office leasing activity from 202…
ANI
India's SM REITs market value likely to exceed USD 60 billion by 2026: Report
The forecast reflects a growing interest in SM REITs, which are expected to play a key role in shap…
ANI
India's office space absorption soars to 34.8 mn sq.ft in H1 2024: Savills India
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnes…
ANI
Office rents across all major Indian cities surpass pre-pandemic levels in 2024, notes a new report
Even within these cities, the growth of rental demand in certain micro-markets, which are located a…
Smartworks Coworking Spaces files IPO papers with Sebi; eyes Rs 550 crore via fresh issue
Smartworks Coworking Spaces Ltd has submitted initial papers to Sebi for an IPO, aiming to raise Rs…
PTI
Office space leasing in India off to a strong start in Q1-2024
The demand for office spaces during the first quarter of 2024 has been strong, registering total le…
ANI
With 27% rise in coworking rentals in four years, Mumbai leads as the top flexible workspace hub
The flexible workspace dynamics have witnessed significant shifts ever since the pandemic. The sect…
Mumbai sees slowdown in office space leasing, Chennai on the charge
During the second quarter of 2023, Bengaluru, Chennai, and Hyderabad, three key southern cities in …
Mumbai’s office space absorption drops sharply in January-March
Office space absorption in Mumbai dropped by 25% in Q1-2023 as tenants sought ways to reduce costs …
Domestic occupiers keep office space demand high in 2023
During the first three quarters of 2023, there was a 38 million square feet of gross absorption in …
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
January office space leasing slows down due to global headwinds, holidays: JLL
The JLL India Aggregate Monthly Office Lease Tracker shows that leasing activity in January was slu…
Office rentals rise across top 7 cities as new supply remains minimal
Office rentals have gone up in top seven cities in 2023 when compared to the previous year. In Chen…
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…
India sees demand for property worth over ₹1 cr drive record real estate sales
The top eight residential markets in the country have continued to display robust growth, in the pe…
Flat demand keeps office rent stable in Apr-Jun even as new supply rises 32% across top 6 cities: Colliers
Average office rentals remained stable during April-June at ₹95 per square feet across six major ci…
PTI
After Singapore, Twitter likely to vacate India offices
The process for vacating offices was initiated in December last year, according to reports citin…
Flex operators lease as much office space as tech cos in Jan-March quarter
The office sector leasing in top six cities stood at 10.1 million square feet in Q1 2023, which is …
Real estate sector sees private equity investments slip 20% in first half of 2023
Private equity (PE) inflows into India's real estate sector declined by 20% in the first half of 20…