Browsing Tag

Bengaluru office market

7 posts
Investment in real estate and IPO

Sattva Group and Blackstone File Draft Offer Document for India’s Largest REIT IPO

Sattva Group and Blackstone have taken a significant step towards launching India’s largest REIT IPO with Knowledge Realty Trust (KRT). With a high-quality portfolio spanning 48 million sq. ft. across six cities, KRT is set to be India’s most geographically diverse office REIT. The IPO will mark Blackstone’s fifth public listing in India’s real estate sector, highlighting continued confidence in the country’s commercial property market.
Minimalist Coworking

India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024

India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.
Office real estate

India’s Office Market Reaches Record Heights in 2024, Surpassing 49 Million Sq. Ft. in Net Absorption

India’s office market reached new heights in 2024, with net absorption surpassing 49 million sq. ft. and gross leasing volumes hitting a record 77.22 million sq. ft. Bengaluru led the growth, posting its best-ever performance, while global companies and flexible workspaces significantly contributed to the surge.
REIT

Huge Upside Potential for REITs in India, INR 4.5 Lakh Cr Worth of Prime Office Stock Identified as REIT-Worthy

A new report from Vestian reveals that ₹4.5 lakh crore worth of Grade-A office space in India is REIT-worthy, offering substantial growth potential for the sector. Despite being in its early stages, India’s REIT market is growing rapidly, driven by high demand for office space, sustainability, and a favorable regulatory environment. The report also highlights key cities, including Bengaluru and Hyderabad, leading in REIT-worthy stock.
Office real estate

BFSI and Flex Spaces Drive Office Space Demand in Q3 2024

The office space market in India saw a significant shift in Q3 2024, with BFSI and Flex Spaces driving a 20% increase in demand. Bengaluru and Hyderabad led absorption, while cities like Mumbai and Chennai experienced declines.