Reports & Media

Media Sector Driving London’s West End Office Market

Take-up for office space in London’s West End rose sharply in Q2 2011, with the media sector driving the market, according to Cushman & Wakefield. Media companies accounted for 45% of deals signed with the 165,000 sq.ft letting to Google at Central Saint Giles - where C&W is leasing agent – being the largest across, not only the West End, but London as a whole.

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Market Beat - Retail Report

India's GDP growth rate observed a downtrend as inflation and poor performance by manufacturing and several other sectors pulled down the economic growth during the fourth quarter of FY 2010-2011. The Central Statistics Office, Ministry of Statistics and Programme Implementation has estimated the GDP growth rate of India, for 2010- 2011, to be at 8.5% as against the initial projection of 8.6%. The revised rate is the result of the lower than anticipated performance of primary sectors contributing to the GDP. During the year, while agriculture has witnessed growth at 6.6%, the manufacturing sector registered 8.3% growth and the services sector recorded approximately 9.9% growth.

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Global Office Outlook

Hot Spots emerging in Global Office Markets

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Colliers International Investment Services

Citibank India paying Rs 33,000 a sq ft for 3 lakhsq ft office space at BKC Mumbai; total deal size Rs 1,000 crores.
EmaarMGF deny rumors of possible split between its partners --MGF Development and Dubai's EmaarProperties

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Reports Courtesy: Property World