Commercial Property News - Latest Updates & Headlines
Delhi-NCR has potential to develop additional 34.6 mn sq ft warehousing space: Report
New Delhi, March 22: Delhi-NCR recorded 9.2 million square feet (mn sq ft) of warehousing transactions in 2024, which is 16 per cent of the overall market share, a report showed on Saturday.
Strong investor interest, expanding opportunities to drive India's REIT market growth: Report
Mumbai, March 10: India is witnessing strong growth in its Real Estate Investment Trust (REIT) market, driven by increasing demand for high-quality commercial properties, growing investor interest, and evolving regulations, a new report said on Monday.
Office absorption in top 7 Indian cities at 6-year high, 2025 to see strong growth
New Delhi, March 7: The net office absorption in top seven cities reached nearly 50 million square feet in 2024, a six-year high and marking a substantial 29 per cent year-on-year increase from 38.64 million sq ft in 2023, a report said on Friday.
Industrial & logistics leasing reaches all-time high in 2024, with Delhi-NCR, Bengaluru, and Kolkata leading
New Delhi, January 30: The Industrial and Logistics (I&L) sector in India experienced a record-breaking leasing volume in 2024, reaching an all-time high of 39.5 million square feet across the top eight cities, according to CBRE South Asia Pvt. Ltd.'s report.
Leasing of retail space in 2025 to surpass levels of 2023, top 7 cities to add 9 million sq ft: JLL
New Delhi, January 25: The top 7 Indian cities are set to see the addition of nearly 9 million sq ft of new retail space in 2025, with gross leasing volume expected to surpass 2023's 8.7 million sq ft, according to the commercial real estate and investment management company, JLL India.
Average deal size in commercial market up by over 10% in 2024: Knight Frank India
New Delhi, January 12: The average deal size for the commercial market across the leading eight markets in the country has increased by 10.24 per cent, from 37,976 square feet (sq ft) in 2023 to 41,867 sq ft in 2024, according to Knight Frank India.
India's office sector achieves 89 Million square feet in 2024, net absorption reaches all-time high: Cushman & Wakefield
New Delhi, January 3: India's office sector closed 2024 with significant achievements, recording a 89 million square feet (MSF) of gross leasing volume (GLV) across the top 8 cities, according to Cushman & Wakefield's latest office data.