Commercial Real Estate moving into strongest market since 2007
Jones Lang LaSalle’s second quarter 2011 Global Market Perspective, predicts this year will be the strongest performance and real estate trade volume since the market height of 2007.
Jones Lang LaSalle’s second quarter 2011 Global Market Perspective, predicts this year will be the strongest performance and real estate trade volume since the market height of 2007.
Latin America and Asia remain the strongest real estate markets in the world but emerging markets in Europe, particularly Poland, show further improvements, according to the latest Global Commercial Property Survey.
Union minister for urban development Kamal Nath on Thursday said the number of approvals a developer has to get will have to be cut down for faster and more efficient property development in the country.
CB Richard Ellis Group Inc., the commercial real estate services company has reported first quarter 2011 revenues of $1.2 billion compared with $1.0 billion in the year-earlier quarter, reflecting an increase of 16%.
Aanya Real Estate and Luxora Realty jointly are coming up with a green initiative in Nagpur, there are row houses, sky villas, cottages, Olympics sports training center, Schools, Hospitals, Praying Center, thus creating a lifestyle living environment in Nagpur and attracting consumers across India.
Mall management is a huge movement in more developed and matured markets, especially where the mall culture has evolved significantly.
Corporate confidence is boosting activity in top tier office markets around the world, leading to accelerating early cycle rental growth and robust capital value growth in prime assets, especially where new quality supply is limited, according to Jones Lang LaSalle’s inaugural, quarterly Global Office Outlook report.
Indians are emerging as among the most active buyers of property in Britain, according to a report in local British media.
Stocks of real estate companies suffered widespread losses on the BSE today dragging down the sectoral index by 3.14 per cent on all-round selling by funds on fears of rate hike by RBI to curb inflation.
Top Thai hotelier of Indian origin Sonu Shivdasani is making his debut in India with spas, resorts and fine dining restaurants and with plans for some well-appointed boutique hotels to tap high-end travelers.