Cushman & Wakefield to expand into Malaysia
Track2Realty: Cushman & Wakefield has expanded into Malaysia with a new office in Kuala Lumpur that is C&W’s 35th office in Asia Pacific.
Search Results: commercial real estate (1683)
When a developer dares to opt for Destination Development
Track2Realty Exclusive: India has traditionally been a reluctant urbaniser and the developers have been even more reluctant to take the roads less travelled. For long it is the government agencies that have been catalyst to land acquisition and hand it over to the developers. Now that the Land Acquisition Bill is set to change the entire ballgame, Track2Realty wonders whether it is time to take a few case studies where a developer has dared to opt for ‘Destination Development’. Though such cases have been few and far between, the road ahead indicates even lesser first movers in the ring.
Engaging government into policy advocacy challenging-I
Track2Realty Exclusive: The real estate sector in India today is developing at a scorching pace. Factors such as higher levels of income and purchasing power and the growing need for entertainment, leisure and shopping, the government’s focus on infrastructure development, rapid urbanisation driven by rural-urban immigration and an emerging trend of nuclear families, greater availability of loans to finance real estate purchases, amongst others, have been instrumental in this development.
Pune 4th among top 10 ranking of Asia Pacific rental growth: Cushman & Wakefield
Track2Realty: The emerging cities continue to dominate the rental growth in the region with Jakarta (Indonesia) witnessing the highest office rental growth (yoy) among 33 cities in Asia, followed by Manila (Philippines) at 2nd position and Shenzhen (China) at 3rd Pune (India) at 4th position while NCR (India) ranked at 10, says Asia Office Q1 2014 report of Cushman & Wakefield.
More than 60% of global retailers present in India; lack of quality space & legislative issues hamper organised retail: CBRE Report
Track2Realty: Despite more than 60% of global retailers already having a presence in India, the lack of quality retail space and legislative issues have been an impediment to the spread of organized retail in the country, according to CBRE’s report, Expanding Horizons of Global Retailers in India.
East coast boom; challenges of scaling up
Track2Realty Exclusive: The east coast of Delhi-NCR has been on a roll and bucking all the trends of slowdown areas in and around, most importantly Ghaziabad, NH 24 stretch and Noida have done better than the national average in the last couple of years. To say that the property market in this part of the world has been more realistic having registered more property transactions would be stating the obvious.
RICS advocates Building Information Modelling (BIM) to reduce construction delays and cost overruns
Track2Realty: Globally, as project delays, cost overruns and liquidity constraints continue to trouble the real estate and construction sectors, Building Information Modelling (BIM) has emerged as one of the most reliable tools to eliminate challenges and reduce the capital cost and carbon footprint by over 20 per cent.
Tata Housing announces mixed land use project in Colombo
Track2Realty: Tata Housing, has announced the launch of its mixed use township at Colombo in Sri Lanka. The project in partnership with UDA (Urban Development Authority) of Sri Lanka will commence its operations with starting construction of residences for rehabilitation of the current tenants in the phase one and also launch a mix use development project at slave Island in Colombo. The company will invest over $ 400 million for the project.
Great expectations from polls-II
Track2Realty Exclusive: With a vision to make India a housing surplus nation from being the housing shortage country, CREDAI has been campaigning to make the business environment congenial for growth. But the realty bill, in its current form and shape, stifles the honest developer and scares away new entrepreneurs from entering the sector.
Prime office market trends for 2014
Track2Realty: Investment-grade office space demand slowed down in the first quarter of 2014, with around 6.3 million sq. ft. of Grade A office space getting absorbed across the leading cities of the country. Transaction activity was dominated by the National Capital Region (NCR), Bangalore and Chennai.