Even with the rise in telemedicine and dropping demand of office and retail sectors overall, the footprint of healthcare service providers has increased dramatically in the past few years. Growing focus on and interest in health and wellness, increasing aging populations, and hyper-awareness of pandemics and symptoms, are a few factors that continue to drive […]
The Union budget 2023-24 held much significance, given that several issues required priority consideration, this being a run-up to the electoral year in 2024. Expectedly, it has put increased emphasis on infrastructure, agriculture, green energy, job creation and restructuring direct taxes, in order to boost an economy affected by global slowdown while assuaging voters as […]
2022 was supposed to be a year of accelerating growth as we recover from the pandemic, especially for commercial real estate sectors that were particularly hard hit, such as retail, office and hotels. While the economic prognosis is still good, the Delta variant is raising doubts about top line forecasts. What can CRE expect in […]
One of the most important announcements on climate change came last year at the UN General Assembly in September where the Chinese President, announced that China aimed to go carbon neutral by 2060. China is not the only one to do so. UK was the first major economy to make a legally binding net zero commitment […]
Wrapping up the fourth quarter of 2020, Austin felt the effects of the prolonged pandemic. Employment fell nearly 1.5% year-over-year, losing approximately 16,000 jobs. A continually-increasing amount of sublet space added to the vast number of vacant space throughout the market. On a positive note, 2020 saw a stream of large, innovative companies heading to […]
As the countdown to 2021 begins, we need to pause and revisit “the year 2020”. What started off as an exceptional year, beset with high expectations, was brought to a grinding halt by the COVID-19 pandemic. The real estate sector had just about come out of the shadows of RERA and GST, showing traction in the […]
Do you even need office space? From small startups and business behemoths to conservative law firms and free-spirited tech firms, businesses are rethinking the role of office space – and whether they even need it. COVID-19 has changed the way people physically interact with real estate. This has resulted in lasting behavioral changes in the […]
Enhancing indoor air quality (IAQ) and HVAC systems has become a key component of return to workplace strategy. Building owners and facility managers alike, are evaluating options available and seeing what best suits their needs. Filtration and disinfection options, as well as, increased outdoor airflow options are being evaluated. The issue is not the options […]
Finance Minister Nirmala Sitharaman presented the Union Budget 2020 anchored around the 3 major themes of Aspirational India, Economic Development and a Caring society. The Budget focussed on proposing new schemes for mostly every sector, with the objective of reviving the Indian Economy through proposing changes in Income Tax Slabs, tax reforms, policy changes for […]
Given the rising popularity of e-commerce and the change in the buying pattern of the customer with e-commerce accounting for a larger chunk of purchases worldwide, it is only fair that we look at the sustainability of the industry. Packaging and shipping or logistics are two areas of concern where sustainable best practices can go a long way […]