DLF, Parsvnath and other real estate developers have lagged behind by 54% in their target to open retail space even as retailers’ vacancy climbed to 16% last year. Cash-strapped real estate developers failed to deliver eleven million square feet of retail space in 2008, according to a study released by Cushman & Wakefield. Out of […]
Tag: Retail Space
Bahrain’s TAIB Bank shells out Rs 216 cr for 26% in Anant Raj
July 24, 2008 – 5:48 am
In the midst of a general slow down in the Indian real estate market, TAIB Bank, a leading private bank based in Bahrain, has picked up a 26% stake in Anant Raj Projects for Rs 216 crore. The deal, one of the first Shari’ah-compliant transactions in the Indian real estate industry, puts the valuation of […]
Airport Upgrades Projected To Add 78 Million Square Feet Realty Space
May 20, 2008 – 4:29 am
Nearly seventy eight million square feet real estate space is expected to be added by 2015 due to forty seven airport modernization and upgrade projects. The projects cover forty thousand acres across forty existing and seven new airports, according to the Airport Realty Report by global property consultancy Cushman & Wakefield. The report says if […]
Airports to emerge as business hubs
May 19, 2008 – 3:39 am
NEW DELHI: All new airports in the country will emerge as business nucleus with world class office, hospitality and retail space. The modernization and development of airports will not only provide the facelift to respective cities but also improve the real estate sector, said a report by Cushman & Wakefield.
Retail real estate to see up to $10 bn investment by FY10
May 1, 2008 – 7:49 am
Mumbai, Apr 30 Developers and private equity players are set to put India’s retail space market on full throttle with investments worth around$5 -10 billion in FY09-FY10. In moves that would lend retail space gigantic proportions, the Runwal Group and Singapore’s GIC will use a joint venture to launch a ‘Our City Centre’ retail mall over […]
Ishaan Real Estate Plc. Hopeful Of Strong Progress In 2008
April 1, 2008 – 12:49 am
LONDON – India-centralized real estate investment company Ishaan Real Estate Plc. told that it has leased and pre-let 577,000 square feet of office and retail space, growing the total area of leased and pre-let space in its commercial and retail development projects to 2.4 million square feet. Ian Henderson chairman of Ishaan Real Estate Plc. […]
