Gurugram

May 5, 2021

Bombay HC dismisses condominium plea for business park in south Mumbai, Real Estate News, ET RealEstate

MUMBAI: Bombay high court on Thursday dismissed petitions filed by CIPLA and others challenging the registration of Peninsula Business Park commercial complex cooperative society under the Maharashtra Cooperative Societies Act and denying a plea of...

May 4, 2021

Manhattan's office space leasing falls in April: Colliers

The availability rate for office space in Manhattan rose for the 11th consecutive month in April to a record 16.5%, according to Colliers International. Availability above 10% on the island is considered a renter’s market....

May 3, 2021

Yes Bank begins moving into old headquarter of Reliance Group, Real Estate News, ET RealEstate

MUMBAI: Yes Bank has started the process of relocating its headquarters from Indiabulls Finance Centre in central Mumbai to the iconic erstwhile headquarters of Reliance Anil Dhirubhai Ambani Group in the western suburb of Santa...

Incuspaze launches 500-seater capacity office in Kochi, Real Estate News, ET RealEstate

NEW DELHI: Incuspaze, a managed office space provider, has launched over 500 seating capacity centre in Kakkanad, Kochi. The new facility was launched in two phases of 300 and 200 seats respectively, the company said...

JLL, Real Estate News, ET RealEstate

The country’s IT capital and start-up hub continues to evolve and attract upmarket investments across sectors according to JLL. Primarily led by the BFSI, Tech & Pharma companies, the first quarter (Jan-March) of 2021 witnessed...

Realty Income to buy commercial property landlord VEREIT for about $11 billion, Real Estate News, ET RealEstate

BENGALURU: Realty Income Corp said on Thursday it would buy commercial property landlord VEREIT Inc for about $11 billion and spin off office properties of both companies into a publicly traded REIT. VEREIT shareholders will...

Embassy Office Parks REIT’s net profit dips 19% in Q4 FY21, Real Estate News, ET RealEstate

NEW DELHI: Embassy Office Parks REIT reported a dip of 19% in its net consolidated profit during January-March 2021. Its profit after tax (PAT) stood at Rs 46.70 crore in Q4 FY21 as against Rs...

Indian corporates expect covid-19 pandemic to influence realty strategy for three years, Real Estate News, ET RealEstate

Most Indian corporates expect the ongoing pandemic to influence the direction of their real estate strategy over the next 3 years and increase in quantum of their real estate space requirement, showed a Knight Frank...

IWG says sees ‘unprecedented demand’ for hybrid working options, Real Estate News, ET RealEstate

BENGALURU: Office rental firm IWG Plc on Tuesday said it has witnessed “unprecedented demand” for its flexible work products, suitable for a combination of office and remote work that has become the norm during the...

Co-working spaces flourish in Kochi during pandemic, Real Estate News, ET RealEstate

Representative Image KOCHI: Though the office space market is hit hugely by the Covid pandemic, the coworking space providers are finding an increased demand for small spaces from corporates, who are scaling down their operations...

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