Real Estate Pune
Eaton Technologies Secures 150,000 sq ft in Pune for Global Capability Center
Eaton Technologies India has leased 150,000 sq ft of office space in Pune's Aditya Shagun Infinity IT Park for 10 years, with a potential rental outflow exceeding Rs 250 crore. The company plans to establish its Global Capability Center (GCC) at this location, highlighting India's growing prominence as a hub for GCCs.
Real Estate
Southern States Drive High-Growth with GCCs and Advanced Manufacturing
A joint report by CBRE South Asia Pvt. Ltd and Confederation of Indian Industry (CII) highlights the potential for high growth in technology, Global Capability Centers (GCCs), and advanced manufacturing in the southern states of India.
Real Estate
US Firms Drive 33% of Office Space Demand in India's Top Cities (2022-2024): JLL Report
US companies have leased 64.5 million square feet of office space in India's seven major cities, primarily for setting up Global Capability Centers (GCCs).
Real Estate
India Emerges as a Key Player in APAC Office Leasing for 2024
Knight Frank's Asia-Pacific Horizon II report highlights India's pivotal role in the shift of corporate real estate in the region.
Real Estate
Cushman & Wakefield Launches REV360: A Cutting-Edge Intelligence Tool for Global Capability Centers
Cushman & Wakefield, a leading real estate services firm, introduces REV360, a strategic intelligence tool designed to help global multinationals evaluate and expand their Global Capability Centers (GCCs) worldwide.
Real Estate
McDonald's Secures Office Space in Hyderabad for ₹1.4 Crore Monthly Rent
McDonald's has made a significant move in the Indian real estate market by leasing a 1.56 lakh sq ft office space in Hitec City, Hyderabad, for a monthly rent of ₹1.4 crore. This marks the launch of their first Global Capability Center (GCC) in India.
Real Estate
India's Commercial Real Estate: A Goldmine for Startups and GCCs
As the startup ecosystem and Global Capability Centers (GCCs) continue to thrive, commercial real estate in India is witnessing unprecedented growth. CMD of Awfis Space Solutions, Amit Ramani, shares insights on the future of co-working spaces and the commercial real estate market.
Real Estate
NCR Experiences 61% Surge in Office Absorption Despite 22% Drop in Net Supply in 2024
The National Capital Region (NCR) saw a significant 61% increase in office absorption in 2024, primarily fueled by the robust demand from Global Capability Centers (GCCs) and the technology sector, despite a 22% decline in net supply.
Real Estate
Office Space Leasing Poised to Hit 85 Million Sq Ft in 2024: Cushman & Wakefield
Cushman & Wakefield's latest report predicts a 14% rise in gross office space leasing, setting a new record of 85 million square feet in 2024. The Global Capability Centers (GCCs) are expected to play a significant role, contributing nearly 30% to this gr
Real Estate Pune
India's Real Estate Sector Thrives in 2024: Record Leases and Strong Sales
Global Capability Centers (GCCs) have been a significant driver, accounting for 38% of leasing activity, with Bengaluru leading the way at 49%, followed by Hyderabad and Pune.
Real Estate
State Street Leases Office Tower in Mumbai for New Global Capability Center
State Street Corporation, a leading global financial services provider, has leased an office tower from Brookfield Properties near Mumbai's BKC to set up its new Global Capability Center (GCC). This strategic move is expected to bolster the company's real
Real Estate Mumbai
US-Based State Street Leases Entire Office Tower in Mumbai's Equinox Business Park
State Street Corporation, a leading financial services company, has secured a significant office space in Mumbai by leasing an entire tower in the Equinox Business Park. This strategic move is aimed at establishing a Global Capability Center (GCC) to supp
Real Estate Mumbai
Morgan Stanley Establishes Major GCC in Mumbai
Morgan Stanley has recently leased a vast 1.1 million sq ft office space in Mumbai, marking one of the largest commercial real estate transactions in India this year.
Real Estate
Chennai's Office Space Soars 75-Fold in 25 Years: A Transformative Journey
In the past 25 years, Chennai has experienced a major real estate transformation, particularly in the office space sector, as highlighted by JLL's latest report.
Real Estate Mumbai
India's GCC Boom: Bengaluru, Hyderabad, and Chennai Lead the Charge
The Global Capability Centers (GCCs) in India have witnessed significant growth, driven by a skilled workforce, cost efficiency, and a conducive business climate. Bengaluru, Hyderabad, and Chennai have emerged as the top destinations for GCCs, with Bengal
real estate news
Reviving Commercial Real Estate: The Absorption Boost
India's commercial real estate market is witnessing a significant upswing, driven by improved absorption rates and growing demand from global corporations