Inspired by movie 'Office Space', engineer steals $300K from e-commerce site
The 1999 film depicts office workers stealing small sums of money by infecting their company's banking system with a virus to retaliate against corporate downsizing and terrible bosses.
Jan 09, 2023, 10:27 AM IST
Net office space leasing jumps 2-fold in Jan-Sep 30.26 million sq ft in 7 cities; unlikely to cross 2019 level this yr
As per the JLL India data, the net leasing of office space in Bengaluru rose 45 per cent in January-September to 7.84 million square feet from 5.41 million square feet in the year-ago period.
Oct 07, 2022, 14:23 PM IST
Office leasing up 97% in Jan-Sep in 6 cities; may hit record in 2022: Colliers
The previous high was seen in 2019 at 44.8 million square feet.
Oct 01, 2022, 12:26 PM IST
Delhi-NCR logs 5% growth in office space absorption in Jan-Mar amid COVID-19 pandemic
Select big-ticket transactions in Gurugram and Noida contributed substantially to the leasing activity. There were few relocations by occupiers in a bid to reduce real estate costs and obtain fresh office spaces on attractive lease terms. IT and IT-enabled services, BFSI, healthcare, legal, and consulting firms dominated leasing during the quarter.
May 04, 2021, 16:13 PM IST
New office space supply down 32% in 8 major cities amid coronavirus COVID-19 pandemic: Report
Bengaluru led the way with a 41.7 percent share of new supply, followed by Mumbai and Delhi NCR with 20.7 percent and 20 percent share, respectively, it added. The construction activity is expected to slowly resume upon lifting of the lockdown,it said.
Apr 19, 2020, 16:55 PM IST
Office space absorption crossed 42 mn sq ft in 2017: CBRE
Annual supply for prime office space was over 29 million sq ft during the year, a decline of about 18 percent as compared to 2016.
Jan 16, 2018, 17:04 PM IST
Office leasing in Q3 up 2% in 8 cities at 10.4 millionn sq ft: CBRE
The co-working and shared office space formats are also gaining momentum and influencing the market to some extent, he added.
Oct 08, 2017, 14:12 PM IST
Office space leasing feels demand pinch, falls 7% in Jan-Sep
However, the consultant has predicted that office leasing will remain stable at 32 million sq ft in 2017 on strong demand for commercial space during the fourth quarter.
Oct 02, 2017, 12:24 PM IST
Office space leasing up 28% at 10 million sq ft in Apr-Jun: CBRE
Office space leasing rose 28 per cent in eight top cities to touch 10 million sq ft during April-June over the previous quarter as corporates continued to expand their operations, according to a CBRE India report.
Jul 09, 2017, 14:12 PM IST
IT-ITeS sector leases 10% more office space in 2016
Office space leasing by IT and ITeS companies rose by 10 percent last year at 16.81 million sq ft with Bengaluru and Hyderabad absorbing more than 50 per cent of this space, according to JLL India.
Jun 08, 2017, 17:46 PM IST
9.6 mn sq ft Grade A office space absorbed in Q3; southern cities dominate absorption pie
Southern cities dominated the office absorption pie with Bengaluru at the top.
Oct 29, 2016, 19:49 PM IST
Office space leasing in 7 major cities touches 10-quarter high in July-September
Office space leasing in seven major cities touched a 10 quarter high at 11 million sq ft during July-September with corporates remaining upbeat on their expansion plans, according to property consultant CBRE.
Oct 19, 2016, 12:08 PM IST
'Nearly 10.4 million sq ft office space absorbed during Apr-June'
Even in the backdrop of global slowdown concerns, nearly 10.4 million sq ft of office space was absorbed in the country during April-June, backed by demand from sectors like IT, BFSI and manufacturing, a report said.
Jul 14, 2016, 20:32 PM IST
Net office space leasing down 11% in Delhi-NCR during Jan-Mar
Net absorption of office space fell by 11 percent in Delhi-NCR to over 7 lakh sq ft during January-March with corporates focusing on consolidation and relocation, according to a report by Cushman & Wakefield.
Apr 24, 2016, 12:59 PM IST
Office space leasing down 26% in Jan-Mar at 5 mn sq ft: CBRE
Office space absorption fell by 26 percent to about 5 million sq ft during the first quarter of 2016 in seven major cities of the country, with corporates yet to finalise their real estate plans for the year, property consultant CBRE says.
Apr 06, 2016, 14:55 PM IST
IT/ITeS corners lion's share of office space at 69%
The property consultant said Bengaluru recorded the highest absorption at 3.77 million sq ft during the first quarter of 2015, out of 8.56 million sq ft leased in these cities.
May 25, 2015, 15:38 PM IST
Office space leasing in Delhi-NCR drops 57% in Jan-Mar
Delhi-NCR witnessed a 57 percent decline in the office space absorption in the first quarter this year due to delay in decision making by corporates, according to property consultant Cushman & Wakefield.
Apr 16, 2015, 18:04 PM IST
Office space absorption up 28% at 32.5 mn sq ft during 2014
Office absorption in these eight cities -- Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune -- stood at 25.35 million sq ft during 2013.
Jan 29, 2015, 14:21 PM IST
Office space absorption rose 10% in 2014: Report
The demand for commercial office space was sustained throughout the year, registering an year-on-year growth of 10 percent over 2013, the report said.
Jan 05, 2015, 19:13 PM IST
MNCs buy offices worth Rs 2,470 cr in India
Multi-national firms have invested nearly Rs 2,500 crore in under three years to buy office space in India as against leasing it, property consultant Cushman & Wakefield said.
Sep 09, 2014, 15:56 PM IST
