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