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office spaces: MNC's India-facing ops, GCCs continue to drive demand for Indian office properties - Vimarsana News

office spaces: MNC's India-facing ops, GCCs continue to drive demand for Indian office properties

In the first quarter of 2024, India's commercial real estate market witnessed robust growth, fueled by multinational companies and global capability centers. Bengaluru and Hyderabad led leasing activity, with significant contributions from GCCs. Rents stabilized or grew, while vacancies declined to 15.8%, reflecting strong demand and limited new supply. Flexible office space operators also played a significant role, contributing 23% to total transactions.

India: Q1 2024 office market skyrockets, residential sector hits 86,345 units sold: Knight Frank - Vimarsana News

India: Q1 2024 office market skyrockets, residential sector hits 86,345 units sold: Knight Frank

Knight Frank India unveiled a surge in office space transactions across India's top eight markets, reaching a 16.2 million square feet (mn sq ft)

India's global capability centres thrive amid IT slowdown: From support to innovation, hiring surges - Vimarsana News

India's global capability centres thrive amid IT slowdown: From support to innovation, hiring surges

Even as IT services is facing a slowdown, global capability centres in India are transforming from back-end offices providing round-the-clock technical support into innovation hubs for MNCs. And they are hiring! - Issue Date: Feb 04, 2024

Manila's high-end property market price surpasses Dubai, Shanghai, Mumbai and other cities-Knight Frank - Vimarsana News

Manila's high-end property market price surpasses Dubai, Shanghai, Mumbai and other cities-Knight Frank

The luxury  market dominated  Manila’s property sector with a price growth of 21.2 percent—the fastest across the world according to Knight Frank’s Prime Global Cities Index. “Strong investor confidence in the Philippines during the current Ferdinand R. Marcos Jr. administration has buoyed the real estate market despite rising interest rates,”…

James Hodgetts has been appointed Partner - Occupier Strategy & Solutions, Middle East and Africa at Knight Frank MENA - Vimarsana News

James Hodgetts has been appointed Partner - Occupier Strategy & Solutions, Middle East and Africa at Knight Frank MENA

Knight Frank, a global leader in real estate consultancy, is proud to announce the appointment of James Hodgetts as the newest Partner in the Occupier Strategy and Solutions (OSS) department, responsible for the Middle East and Africa (MEA) region. With a decade of experience in the MEA real estate market and a track record of success in occupier strategy and solutions, Hodgetts joins Knight Frank, reinforcing the firm's commitment to delivering cutting-edge solutions to clients in the region.