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Embassy Office REIT Raises FY25 Leasing Targets Amid Strong Corporate Demand

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

By Admin

  • 27th Oct 2024
  • 1161 Views
Why is India the Fastest-Growing REIT Market in Asia-Pacific?

India's real estate investment trust (REIT) market grew 31% in 2023, the most in Asia-Pacific, despite a 7% fall overall the $252 billion Asian REIT industry. This increase bodes well for investors in India's young but growing REIT industry.

By Admin

  • 15th Aug 2024
  • 1203 Views
Atmosphere Living, A Dubai Company to Jointly Develop Luxury Hotel and Villas in Mussoorie

In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.

By Admin

  • 4th Aug 2024
  • 1328 Views
India Emerges as a Leader in APAC Office Space Demand

India's Office Market Leadership in APAC. India may dominate Asia Pacific office space demand by 2024. Over half of regional demand is projected from the top eight Indian cities, including Bengaluru, Mumbai, and Delhi.

By Admin

  • 16th Dec 2023
  • 1305 Views
Nestasia Debuts Flagship Store in Bangalore, Expanding Retail Presence

Nestasia officially launches its first Bangalore shop. Nestasia's second brick-and-mortar shop in India, this 680 sq. ft. boutique in Bellandur, is a milestone.

By Admin

  • 5th Dec 2023
  • 1385 Views
Government of Maharashtra Will Purchase The Iconic Air India Building For INR 1601 Cr

After paying 1,601 crore for the 22-floored Air India Building in Nariman Point, which has transformed Mumbai's reclaimed southern tip into one of Asia's largest and most expensive financial districts, several Maharashtra government departments will move in.

By Admin

  • 9th Nov 2023
  • 1355 Views
Excon 2023 - Bengaluru Gears Up for South Asia's Premier Construction Equipment Expo

The Confederation of Indian Industry (CII) has announced the upcoming Excon 2023 in Bengaluru, a monumental event that solidifies South Asia's standing in the construction equipment domain.

By Admin

  • 27th Oct 2023
  • 1371 Views
Is ESR Group Set to Revolutionize The Odisha Warehousing Landscape With an INR 360-crore Investment?

Marking its dynamic entry into Odisha's booming market, the ESR Group - a prominent real estate services and investment entity with a stronghold in the Asia-Pacific - is gearing up to develop a sprawling logistics park.

By Admin

  • 14th Sep 2023
  • 1327 Views
Sales of Luxury Homes in India Increase by 130 per cent in The First Six Months of 2023

According to a report by CBRE South Asia, between January and June of this year, 6,900 Indian luxury residences with a price tag of Rs 4 crore or more were successfully transacted. This represents an increase from the 3000 units sold in 2022.

By Admin

  • 2nd Sep 2023
  • 1316 Views
CBRE Introduces Data and Tech Driven Development Solutions Platform

CBRE South Asia Pvt. Ltd., a real estate consulting firm, has announced the introduction of a new integrated, data- and technology-driven solution platform, Development Solutions, as part of its Project Management (PJM) business division.

By Admin

  • 7th Jul 2023
  • 1505 Views
TEC of Hong Kong Invests INR 100 Cr to Lease over 2 Million sqft Across 8 Locations in India

The Executive Centre (TEC), a flexible workspace provider based in Hong Kong, has invested 100 crore in the first half of 2023 to lease approximately 200,000 square feet of space in eight centres.

By Admin

  • 29th Jun 2023
  • 1386 Views
Embassy Office Parks REIT Raises 1050 Crore Indian Rupees Via NCD Issue

Embassy office parks REIT, the first listed REIT in India and the largest office REIT in Asia by area, has issued coupon-bearing Non-Convertible Debentures ("NCDs") totaling Rs 1050 crores.

By Admin

  • 8th Jun 2023
  • 1414 Views
Embassy REIT Secures INR 1000 Cr Term Loan From Bajaj Housing Finance

Bajaj Housing Finance has extended a INR 1000 Crore term loan to Embassy Office Parks REIT, India's first publicly traded real estate investment trust and Asia's biggest by area.

By Admin

  • 18th Feb 2023
  • 1441 Views
The Asian Paints Art House at The Mumbai Urban Art Festival is Incredible

Asian Paints and the St+art India Foundation recently launched the 'Asian Paints Art House' during the Mumbai Urban Art Festival (MUAF), coupled with an exclusive glimpse of 'Illusions' as part of the Sassoon Dock Art Project.

By Admin

  • 15th Jan 2023
  • 1481 Views
CBRE Asia Pacific Flexible Office Market Report Confirms Bangalore Is the Leader in APAC for Grade-A Flexible Inventory

H2 2022 Asia Pacific Flexible Office Market research findings from CBRE. Over eleven major APAC cities, Bangalore has the most flexible stock.

By Admin

  • 21st Dec 2022
  • 1525 Views
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