Business & Finance

BETHESDA, Md., Nov. 9, 2025 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND, "Sonder") is no longer in effect due to Sonder's default. As a result, Sonder is no longer affiliated with Marriott Bonvoy, and Sonder properties are not available for new bookings on Marriott's channels.Marriott's immediate priority is supporting guests currently staying at Sonder properties and those with upcoming reservations. Marriott will be contacting guests who booked directly through Marriott channels, including marriott.com, the Marriott Bonvoy App and Marriott's worldwide reservation centers, to address their reservation and booking needs.  Guests who booked through a third-party online travel agency shoul...

Mumbai, India, November 10, 2025: Knowledge Realty Trust (NSE: KRT / BSE: 544481), India’s largest** and most geographically diverse office REIT, today announced its quarterly and half-yearly results for the period ended September 30, 2025.Business Highlights:Delivered strong gross leasing of 1.8 million square feet in H1 FY26, comprising 1.2 million square feet of new leases and 0.6 million square feet of renewals, at a 29% average spread. Backed by strong leasing momentum, portfolio occupancy rose 340 bps YoY to 92%. Our core markets continue to benefit from the strong market fundamentals (Hyderabad 99% occupied, up 150 bps YoY; Mumbai 88% occupied, up 570 bps YoY and Bengaluru 88% occupied, up 410 bps YoY). GCCs and Domestic firms accounted for about 70% of our leasing a...

With the potential to hit USD 10 trillion by 2047, real estate likely to account for 14-20% of the India’s GDPAnnual office demand to solidify at 70-75 million sq ft, while industrial & warehousing demand likely to be around 30-40 million sq ft in the next few years Developer expansion in smaller cities, sustainable living, and redevelopment to gain traction in residential real estate Real estate maturity to be characterised by quantum growth in alternative asset classes like data centers, senior living, co-living etc. Emerging Tier II/III locations are expected to become front runners and drive accelerated real estate activityGurugram, 06 November 2025: India’s real estate sector is at the cusp of a monumental and transformative journey and is projected to grow mult...

Bengaluru, Karnataka, India --Portfolio occupancy rises to 93% by value*  Leased 1.5 msf this quarter across 20 deals to leading GCCs and corporates Highest-ever quarterly distributions of Rs. 617 crores since listing in April 2019 Revenue up 13% YoY to Rs. 1,124 crores; Net Operating Income rises 15% YoY to Rs. 927 crores Development pipeline of 7.2 msf in Bengaluru and Chennai at an attractive yield on cost.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 second quarter ended September 30, 2025.Amit Shetty, Chief Executive Officer of Embassy REIT, said, “We are pleased to report an outstanding quarter across our business - from strong le...

Delhi NCR, Chennai, and Mumbai drive over 60% of the demand as well as supply during January-September 20253PL 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 demandBangalore, 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 2025Holcim 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."