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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
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
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
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