Commercial Office News

News

Covid-19 Impact: Commercial office sector growth hits pause

The boom in commercial office space, despite the prolonged slowdown in the residential sector, was led by huge demand, global investmentsGlobal firms may rework their plans, leading to postponement of leasing decisions as well as renegotiation of rentals

2 min read7 May 2020
Companies

Piramal Capital plans third-party REIT platform

Piramal Capital plans to set up an aggregated platform comprising a portfolio of rent-generating, commercial office properties that could be listed through a REIT

2 min read11 Jul 2018
Companies

IndiGo chief commercial officer Sanjay Kumar quits

IndiGo chief strategy officer William Boulter will take over as chief commercial officer when Kumar leaves on 15 July

2 min read25 Jun 2018
Companies

Indiabulls to sell stake in assets to Blackstone at enterprise valuation of Rs9,500 crore

Indiabulls Real Estate signs deal with Blackstone to divest 50% stake in subsidiaries IPPL and IRECPL at an aggregate enterprise value of Rs9,500 crore

1 min read24 Mar 2018
Companies

Godrej Fund Management to invest, develop office assets for $600 million

Godrej Fund Management plans to invest and build commercial office assets through a $450 million office development fund as well as a $150 million office investment fund

2 min read20 Mar 2018
Companies

Co-working spaces attract bigger companies looking to save cost

Co-working spaces can save around 20-25% of real estate costs, says JLL India report

3 min read28 Aug 2017
Companies

GoAir appoints Anand Sahai as chief commercial officer

Anand Sahai's appointment as CCO, effective from 24 July, came ahead of GoAir's plans to launch international operations later this year

1 min read26 Jul 2017
Companies

ICICI Prudential AMC to raise Rs700 crore office assets fund

ICICI Prudential AMC will raise an office assets fund to buy pre-leased, rent-generating properties in Bengaluru, Pune, Chennai and Hyderabad

2 min read12 May 2017
Companies

Puravankara Projects to build office portfolio, grow affordable housing unit

Puravankara Projects plans to build 4-4.5 million sq. ft of commercial office space over the next few years and monetize non-core land parcels to reduce debt

2 min read31 Mar 2017
Companies

Jet Airways elevates Jayaraj Shanmugam as chief commercial officer

Jayaraj Shanmugam will be based in Mumbai and report to the Jet Airways CEO

1 min read20 Sep 2016
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