Business & Finance

Delhi NCR, Chennai, and Mumbai drive over 60% of the demand as well as supply during January-September 2025 3PL firms drive almost one-third of 2025 demand, followed by engineering and e-commerce segments Q3 2025 demand, however, moderates at 7.0 msf, down 23% YoY Vacancy levels rise by 160 basis points on a QoQ basis, as supply outpaces demand Bangalore, 15 October 2025: India’s industrial and warehousing sector continued to display resilience in 2025, with cumulative demand across the top 8 markets reaching 26.5 million sq ft in the first nine months, marking an 11% year-on-year growth. In fact, Grade A space uptake was at an all-time high in the 9-month period, despite global players remaining cautious amidst ongoing trade frictions. The sustained momentum also underscores...

Schindler announces a new service agreement in Asia with Accor, a global leader in the hospitality industry. The collaboration strengthens the relationship between both parties, enabling closer coordination, shared innovations, and a joint focus on sustainability and customer experience. Schindler has signed a Master Services and Supplies Agreement (MSSA) with Accor, a world-leading hospitality group with more than 5 600 properties across over 110 countries, to deliver and service elevators and escalators to the Accor properties. The MSSA covers nine key strategic markets in Asia – Cambodia, Hong Kong, Indonesia, Macau, Malaysia, the Philippines, Singapore, Thailand, and Vietnam – and encompasses all aspects of Schindler’s offering, including new installations, modernization...

Zug | 29 August 2025 Holcim has completed the divestment of its Nigeria business, selling its entire 83.81% shareholding in Lafarge Africa PLC to Huaxin Cement at an equity value of USD 1 billion on a 100% basis before dividend adjustments. Martin Kriegner, Regional Head Asia, Middle East & Africa: "We are pleased to have found in Huaxin Cement a trusted buyer that is committed to further developing the business in Nigeria. At the same time, the sale proceeds give Holcim additional capacity for our growth-focused capital allocation. We wish Lafarge Africa PLC and Huaxin Cement continued success."

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...