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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
Sumitomo Acquires Prime 2 Acre Worli Land from Bombay Dyeing for INR 440 Crore Strengthening Its Presence in Indian Real Estate

Japan’s Sumitomo Corporation Group has made a major move in Mumbai’s real estate market by acquiring a nearly 2-acre prime land parcel in Worli from the Wadia Group’s Bombay Dyeing & Manufacturing Company for ₹440 crore. This deal further solidifies Sumitomo’s presence Indian real estate.

By Admin

  • 11th Sep 2024
  • 1209 Views
IBM Secures Presence in Bengaluru with INR 143 Crore Annual Lease Renewal at Embassy REIT Property

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

By Admin

  • 31st Aug 2024
  • 1227 Views
IDFC First Bank Leases Prime Office Space in Oberoi Commerz III, Goregaon East, Mumbai

First Bank Leases Goregaon Premium Office Space Mumbai: IDFC First Bank has leased an office space at Göegaon's Oberoi Commerz III tower spread across 4 floors. Under the five-year leasing arrangement, the bank would pay ₹170 crore in rent.

By Admin

  • 7th Aug 2024
  • 1230 Views
L&T Innovation Campus is Redefining the Office Space Experience in Powai

With its 2.2 million sq ft layout, the L&T Innovation Campus in Mumbai's lively Powai neighbourhood is ushering in a new age in corporate settings. This five-acre property combines high-end office spaces with a vibrant community lifestyle to foster creativity and innovation.

By Admin

  • 20th Apr 2024
  • 1387 Views
Brigade Group Announces New Premium Office Space Development in Central Business District of Bengaluru

Brigade Group, headquartered in Bangalore, secured a JDA to build a premium Grade A office space on Sankey Road in Bengaluru's CBD

By Admin

  • 8th Dec 2023
  • 1354 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1273 Views
Almost 4 Lakh Sqft of Commercial Real Estate in World Trade Centre Auctioned by NBCC Creating a Record

The state-owned construction giant NBCC sold 4 lakh square feet of premium office property in Nauroji Nagar, South Delhi, in a landmark real estate deal.

By Admin

  • 27th Oct 2023
  • 1423 Views
Prestigious Institutional Funds Establish Innovative Platforms for Premium Office Spaces in India

The innovation powerhouse of Bengaluru has a shortage of high-quality office assets for investment, so institutional investors are working with developers to build high-quality office spaces from the start.

By Admin

  • 29th Sep 2023
  • 1340 Views
LinkedIn Secures Prime Office Space in Maker Maxity, BKC, Mumbai for a Monthly Rent of INR 1 Crore

LinkedIn Technology Information Private Limited (LTIPL) has strategically rented 17,794 sqft of premier office space at Maker Maxity, in Bandra Kurla Complex in Mumbai.

By Admin

  • 29th Sep 2023
  • 1349 Views
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