REPORTS

India 2nd most risky location for datacentre operations: Cushman & Wakefield

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Track2Realty: India has been ranked as the second most risk prone location for hosting Datacentre Operations according to the annual ‘Datacenter Risk Index 2013’ survey released by international consultants Cushman & Wakefield in association with hurleypalmerflatt and Source8. The ‘Data Centre Risk Index 2013’ identifies risks likely to affect the successful operation of data centre facilities in the 30 most important global markets.

West Bengal received zero investment in realty in FY’13: Report

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Track2Realty-Agencies: West Bengal did not receive any investment, either foreign or domestic, in the real estate sector in the financial year 2012-13, according to a report by industry body ASSOCHAM.

13 prominent global retailers enter India in 2012

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Track2Realty: New Delhi witnessed the entry of 13 prominent global retailers in 2012 as compared to 27 in Singapore and 51 in Hong Kong, according to CBRE’s new Retail Hotspots in Asia Pacific report. Hong Kong, Japan and Singapore top the list of cities for new retailer entries across Asia Pacific.

With Rs 17,000 cr, Gujarat topped in realty investments last fiscal: ASSOCHAM

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Track2Realty: Gujarat has cornered the maximum share, 41 per cent, of new investments attracted by the real estate sector across India during the last fiscal, apex industry body ASSOCHAM said on Monday, May 6.

Bangalore office absorption on decline

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Track2Realty: Bengaluru’s office market clocked an absorption of approximately 9.6 mn.sq.ft. during 2012, falling short of the absorption in 2011 by 17%.

Drop in residential launches in Delhi-NCR

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Track2Realty: The NCR residential market witnessed a dip in project launches in H2 FY13 compared to H2 FY12. Greater Noida witnessed the highest number of launches in H2 FY13. Majority of these projects are located on the Yamuna Expressway and fall in the affordable segment.

Approximately 6.6 million sq ft of space absorbed in Q1, 2013 as compared to 5.6 million in Q1, 2012: CBRE

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Track2Realty: The prime office space segment across key cities in India are witnessing an improvement in sentiment from last year. According to CBRE’s latest report, India Office Market View Q1 2013, prime office space absorption across key cities in India witnessed approximately 17% increase in Q1, 2013 as compared to Q1, 2012.

DTZ annual office space forecast for 2013 says 21% increase in take-up

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Track2Realty: DTZ annual office space forecast says 21% increase in take-up is expected. Overall take-up stood at 4.80 million sq ft for Q1, a sharp drop of circa 29% from previous quarter. Mumbai witnessed the highest take-up of 1.25 million sq ft, an increase of 3% q-o-q.

Office space absorption in Q1, 2013 up by 37%: CBRE

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Track2Realty: The prime office space segment across key cities in India are witnessing an improvement in sentiment from last year. According to CBRE’s latest report, India Office Market View Q1 2013, prime office space absorption across key cities in India witnessed a 37% increase in Q1, 2013 as compared to Q1, 2012.

Demand for office space to increase to 30 mn sq ft this year: DTZ

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Track2Realty: The demand for office space is likely to increase to 30.5 million sq ft this year, global real estate advisor DTZ said.

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