Saturday, August 23News That Matters

Business & Finance

India, Mainland China and Japan Dominate Asia’s Office Leasing, Driving 90% of Demand in H1 2025 – Colliers

India, Mainland China and Japan Dominate Asia’s Office Leasing, Driving 90% of Demand in H1 2025 – Colliers

Business & Finance
India, China, and Japan drove over 90% of the demand during H1 2025 -       Singapore witnessed 12X YoY rise in demand, followed by Philippines and Japan at 56% & 55% YoY rise respectively -       New supply across the 11 APAC markets rose by 45.4% to 4.8 million square metres (51.7 million square feet) -       8 out of 11 markets saw an annual increase in new supply during H1 2025 -       Flight to quality, flexibility and sustainability to drive growth Bengaluru, 21 August – According to Colliers’ new report, Asia Pacific Office Market Insights H1 2025, leasing activity across 11 key markets reached 4.5 million square metres (48.4 million square feet) in the first half of the year – a 9.6% year-on-year increase – reflecting a broader recalibration of workplace strategi...
Technology sector anchors ~40% office leasing while global enterprises expand India operations – Colliers India

Technology sector anchors ~40% office leasing while global enterprises expand India operations – Colliers India

Business & Finance
Over half of the total leasing across the top 7 cities led by large-sized deals Tech occupiers continue to drive majority of the large-sized deals Bengaluru and Hyderabad drive close to half of the Pan India tech demand  Bengaluru, 14 August 2025: Large-sized deals (≥100,000 sq. ft.), continue to drive India’s commercial office market, consistently accounting for bulk of the Grade A office space uptake in the last 5 years. In H1 2025 too, 51% of the total leasing across the top 7 cities was through large-sized deals at 17.2 million sq feet, reflecting occupiers’ sustained appetite for high-quality office spaces to support growth strategies. Trends in office leasing across deal sizes (2020- H1 2025) 2020 2021 2022 2023 2024 H1 2025 Total gross leasing in m...
Embassy REIT Leases Record 2.0 Million Square Feet in Q1 FY2026

Embassy REIT Leases Record 2.0 Million Square Feet in Q1 FY2026

Business & Finance, News
2.0 msf leased this quarter across 25 deals; highest-ever Q1 leasing • Chennai sees strong pre-leasing with over 500k square feet leased at Embassy Splendid TechZone • Revenue up 13% YoY to ₹1,060 crores; Net Operating Income rises 15% YoY to ₹872 crores • Raised ₹4,225 crores of debt at a blended coupon of 7.18% • Entered binding documents for divestment of ~376k square feet of two strata owned blocks at Embassy Manyata in Bengaluru Bengaluru, India, July 31, 2025 Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the first quarter ended June 30, 2025. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, “We are delighted to report a strong start...
‘Our balance sheet remains strong to support this growth as we further prepare for next leg of expansion in the new regions.”-Mr. Puneet Dalmia, MD & CEO – Dalmia Bharat Limited

‘Our balance sheet remains strong to support this growth as we further prepare for next leg of expansion in the new regions.”-Mr. Puneet Dalmia, MD & CEO – Dalmia Bharat Limited

Business & Finance
Delivering Profitable Growth Q1 FY26 Highlights Announced Cement Capacity expansion of 6 MnTPA at Kadapa (In addition to 6Mnt Expansion announced in Belgaum in Feb 2025) Highest ever quarterly EBITDA of Rs 883 Cr Sales Volume stood at 7.0 MnT during the quarter NSR/T Increased by 6.6% YoY to Rs 5,193/T EBITDA/T increased by 40% YoY to Rs 1,261/T Net Debt to EBITDA stood at 0.33x as on June 30, 2025 Share of Renewable Power Consumption stood at 41.2% (Operational RE capacity including Group Captive - 294 MW) Bengaluru, 22nd July 2025 :  Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter ended June 30, 2025. Financial Highlights for the Quarter ended Ju...
Atlantic Union Bank Closes Sale of Approximately $2 Billion of Commercial Real Estate Loans to Blackstone

Atlantic Union Bank Closes Sale of Approximately $2 Billion of Commercial Real Estate Loans to Blackstone

Business & Finance, News
Richmond, Va. & New York, June 26, 2025 – Atlantic Union Bankshares Corporation (NYSE: AUB) (“Atlantic Union”), the holding company for Atlantic Union Bank (the “Bank”), and Blackstone (NYSE: BX) jointly announced today the closing of the sale of approximately $2 billion of the Bank’s performing commercial real estate (“CRE”) loans acquired from Sandy Spring Bank to vehicles affiliated with Blackstone Real Estate Debt Strategies (“BREDS”). The CRE loan sale was contemplated and announced as part of Atlantic Union’s merger with Sandy Spring Bancorp, Inc., which closed on April 1, 2025. “After closing our acquisition of Sandy Spring, we have been focused on integration and execution,” said John Asbury, president and CEO of Atlantic Union. “Today’s announcement is another proof point o...
Puravankara Closes FY25 with Rs 3,937 Cr Collections, Up 9% YoY; Enters Golden Jubilee Year

Puravankara Closes FY25 with Rs 3,937 Cr Collections, Up 9% YoY; Enters Golden Jubilee Year

Business & Finance
Saturday, May 31, 2025 10:05:03- Bengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, announced its results for the quarter ending March 31, 2025, and consolidated results for FY25.  The year was marked by continued expansion across strategic markets, disciplined capital allocation, and laying the groundwork for future growth. In Q4FY25, Pre-sales stood at Rs 1,282 crore, driven by a sales volume of 1.42 million square feet and healthy collections of Rs 946 crore. Total revenue for the quarter stood at Rs 564 crore. For FY25, the company achieved robust pre-sales of Rs 5,006 crore, with a sales volume of 5.67 million square feet and a 10% year-on-year increase in sales realisation to Rs 8,830 per square foot. Co...
How Much Does a ₹1 Crore Term Insurance Plan Cost in 2025?

How Much Does a ₹1 Crore Term Insurance Plan Cost in 2025?

Business & Finance
Friday, May 16, 2025 18:05:07 New Delhi [India], May 16: Term insurance is a very simple and effective way of securing your family's financial security in case of an unforeseen event. With growing living expenses and a growing lifestyle, an ₹1 crore term insurance policy has become a favourite for those evaluating a high-flying financial pillow. But how much does such a cover cost in 202,5 and how is the price determined? Let's dig deeper to form a better scenario. What Is Term Insurance? Term insurance is life insurance that allows for payment of premiums for a specific term or term. On the death of the insured person within the term, then the amount assured is awarded to the nominee in order to help them obtain money during a difficult time. Term insurance is free from the matur...
Opening of Online Portal for The Fourth Round of Registration for New Sainik Schools Under Partnership Mode

Opening of Online Portal for The Fourth Round of Registration for New Sainik Schools Under Partnership Mode

Business & Finance
15 MAY 2025 6:34PM by PIB Delhi Ministry of Defence has opened an online web portal (https://sainikschoolsociety.in) for the registration of eligible and interested applicant schools, effective from May 15, 2025 to June 14, 2025, as part of Government’s initiative of setting up of 100 New Sainik Schools in partnership with State Government/NGOs/Private Sector under the Sainik School Society. Interested Schools/Trusts/NGOs etc may visit the web portal for registration and seize this opportunity. Government of India's vision of setting up of 100 New Sainik Schools is not only to provide quality education to the students in tune with National Education Policy and give them better career opportunities including joining the Armed Forces but also to provide an opportunity to the State Gove...
Lena Julle: Inter IKEA Group’s new Chief Sustainability Officer

Lena Julle: Inter IKEA Group’s new Chief Sustainability Officer

Business & Finance, World
30 April 2025- Lena Julle will take on the role as Inter IKEA Group’s Chief Sustainability Officer, effective 1 May, 2025. Lena has been serving as the Acting CSO since September 2024, while also being the Sustainability Manager at IKEA Range, leading and contributing to the development of sustainable products and solutions for IKEA customers around the world to enable healthy, affordable and low-impact everyday life. With over 30 years experience at IKEA, Lena has been instrumental in advancing the IKEA climate, circularity and the overall sustainability agenda. “The IKEA goal – to be more affordable, accessible, and sustainable, especially for those with limited budgets – resonates deeply with me since I began my journey at IKEA. Creating smart, well-designed, functional products...
Blackstone Real Estate to Acquire 6M SF Industrial Portfolio Developed by Crow Holdings for $718M

Blackstone Real Estate to Acquire 6M SF Industrial Portfolio Developed by Crow Holdings for $718M

Business & Finance
New York & Dallas – April 10, 2025 – Blackstone (NYSE: BX) and Crow Holdings, a leading real estate investment and development firm, today announced that Core+ funds affiliated with Blackstone Real Estate have agreed to acquire a 95 percent stake in an industrial portfolio developed by Crow Holdings for $718 million. Crow Holdings and its partners will retain 5 percent ownership. The portfolio consists of 25 Class A buildings totaling 6 million square feet and is predominantly located in high-barrier submarkets in Dallas and Houston, two of the top-performing U.S. logistics markets. David Levine, Co-Head of Americas Acquisitions for Blackstone Real Estate, said: “This transaction is another example of Blackstone Real Estate deploying capital during this period of market volatility. ...