Posts

What is the importance of technology and data analytics in commercial leasing?

Image
A CRE platform that uses technology and data analytics can help both the property owner and the tenant. The property and location specific data helps an owner to unravel the unique advantages of a space and thereby reach out to right brands. Similarly, a brand looking out to rent a place finds it incredibly helpful to shortlist properties with the help of relevant and updated data. An obvious question at this stage is “what are the technologies or data analytics that we are talking about” in the context of  commercial leasing .  The involvement of technology starts even before the first step is taken to either offer a property for leasing or searching for a property to lease. A CRE platform using technology helps a property owner understand the characteristics of the property better and therefore supports him to decide on the potential renter as well as the rental range. Similarly, availability of various demographic data points specific to a location helps a brand short-list ...
Post a Comment
Read more

What are the recent trends in commercial leasing post covid (e.g., restaurants and warehouses leasing)?

Image
  The unprecedented health crisis due to Covid 19 pandemic has disrupted most of the businesses during 2020 and 2021. The   commercial real estate   segment in India bore the brunt as leasing activities stopped abruptly, after registering an impressive growth in previous years. The chaotic situation where leases were renegotiated, spaces vacated and payments defaulted, created an unprecedented low for the CRE sector. However, 2022 ushered into a new hope with a successful vaccination program and no serious community health challenges. Firstly, the importance of both, Grade a tenants with high credit worthiness and Grade a spaces available for leasing, has become more pronounced. The other and equally important trend is the offer of flexible lease options that landlords are willing to work out with tenants especially for Grade B properties. In addition to these widely observed trends, the increasing acceptance of flex spaces and co-working spaces is also noted across all m...
Post a Comment
Read more

What are the 5 areas that are leading the commercial leasing activities in Delhi NCR?

Image
  The redeeming fact about Delhi NCR is its fast emergence as a retail destination. Retail businesses of every ilk, from high end luxury retail brands to coffee shops, prefer to launch their stores in this geography ahead of any other. These facts make Delhi NCR the foremost  commercial leasing  market in India. After a hiatus of almost two years due to Covid, the commercial leasing activity in the region is back with a vengeance. It recorded a staggering 55% y-o-y growth in gross leasing during Q1 2022. This was led by professional services and e-commerce segments with respective shares of 17% and 13%. Healthcare & pharma was another sector that recorded traction with an 11% share in leasing. Fresh leasing, including expansion and consolidation by occupiers, constituted 91% share of the quarter’s leasing. Flexible workspaces are finding new occupiers with occupancy levels touching new highs every passing month.  Co-working and managed working spaces  are fi...
Post a Comment
Read more

What do you need to know before leasing commercial spaces?

  Check out our list of 7 important parameters one must consider before   leasing a commercial space . Appropriate Location Buy or Lease Decision Size and Space Layout Amenities Required Expansion opportunities Start-up expenses Diligent Handling of the Paperwork to read more  click here …
Post a Comment
Read more

Importance of Choosing Right Platform When Leasing Commercial Space

Image
The change in consumer preferences and behaviours, and government regulations, are forcing brands to transform their   commercial leasing   process as well as the space requirements. Drawing lessons from the pandemic, some businesses are looking to avoid being tied down by long-term leases that restrict their ability to pivot or adapt to crises and sudden changes in market conditions. Shorter leases offer them maximum level of flexibility to weigh up their options in the transition to hybrid work or change the footprint of leased space.  There are many  commercial leasing brokers  in India servicing brands looking to lease a commercial space. In recent times, a number of new technology based ventures have created platforms where one can find the kind of property as per defined parameters. One can then connect with the owner of the listing, either a broker or a property owner. However, there are numerous challenges in the entire process. But what are the paramete...
Post a Comment
Read more

Who are the leading commercial property consultants in Delhi NCR and Gurgaon?

Leading Commercial Property Consultants in Delhi NCR and Gurgaon This blog post is for all  commercial property consultants  who are looking to expand their business in Delhi NCR and Gurgaon. If you're not familiar with the two cities, then here's a little information about them: Delhi NCR is where India's capital, New Delhi, is located; meanwhile, Gurgaon is an industrial city that has seen rapid growth over the last few decades due to its strategic location near New Delhi. From one of these two locations, you could potentially offer your services to clients in many other major Indian cities like Mumbai or Chennai. As such, these are very attractive markets for any prospective consultant! Now let us get into the details of how to set up shop as a  commercial property consultant  in these two boomin'g metropolises. In Delhi NCR, there are a few things you'll need to do in order to establish yourself as a credible  commercial property consultant . First and forem...
1 comment
Read more

How do I invest in real estate rentals?

  One of the easiest ways to   invest in real estate   is through rentals. If you're not sure where to start, here are some tips on how to get started with   commercial property leasing . Find a good location for your rental property Commercial properties  need to be placed near major highways or other busy areas so that they can attract plenty of tenants. It's also important that the area has good schools and public transportation so residents don't have any trouble commuting between their residence and work. Lastly, it should be near jobs since people who live there will likely work nearby as well. Choose what type of building you want The first step when finding a property is deciding whether you want an office space or residential apartments/condominiums. Another option is to  lease a retail space  and have your own business. Each type of building comes with its own unique set of pros and cons, so you'll need to do some research to see what's the b...
Post a Comment
Read more