Media Centre

Welcome to the Colliers International Media Centre. Here you will find the latest news and information, an archive of news releases and our media kit for download. You can also search for our news releases using the search bar below or sign up to our media distribution list. 

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Latest News

  • Rising demand for office space pushes up rentals in 10 key office markets

    “Key micromarkets in Bengaluru, Kolkata, Pune, and Chennai made it to the list of top ten markets, which witnessed maximum year on year (YoY) rental increase in the range of 9.4 per cent —– 32.0 per cent in Q3 2018. Of the top 10 markets, Bengaluru has the highest representation with six markets reinforcing strong occupier preference”, said Ritesh Sachdev, Senior Executive Director, Occupier Services at Colliers International India.

  • Bengaluru, Hyderabad to remain hot picks for IT cos renting office space

    “The investment momentum in Indian realty is expected to continue in the backdrop of policy reforms and enhanced transparency coupled with strong growth fundamentals in cities such as Bengaluru. The measures taken by the government to improve the business environment has already started getting reflected in indicators like India’s 'ease of doing business' ranking which would further increase the attractiveness of India as an investment destination", said Joe Verghese, Managing Director, Colliers International India.

  • Office leasing dips 46% q-o-q in NCR in Q3 2018

    "Despite the quarterly decline in leasing across NCR, the year-to-date numbers indicate notable growth of 31% at 7.6 million sq ft. The last quarter will gain momentum with the year expected to close at 9.7 million sq ft against 7.9 million sq ft in 2017", said Sanjay Chatrath, Executive Director (NCR), Colliers International India.

  • Policy reforms, falling rupee make real estate attractive for NRIs

    “The Indian rupee has been falling against the US dollar, with close to 15% depreciation in the rupee vis-à-vis dollar since the beginning of 2018. Today is a great time for the NRIs to get more bang for the buck. This is clearly an opportunistic time for investment in India given the long-term growth potential India as a country offers', says Divya Seth Maggu, Associate Director, Valuation & Advisory Services, Colliers International India.

  • About 17 mn sq ft of supply likely to be added to the inventory over 2018-2021

    "Office space demand continues to be robust in Chennai and as anticipated, the city is beginning to show better traction in the 'post-toll' OMR market. It is also very encouraging to see co-working operators establishing large-scale operations in Chennai. With reducing vacancies across most micro markets, rentals are expected to increase over the short-to-medium term", says Shaju Thomas, Director, Office Services (Chennai) at Colliers International India.

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