Schneider Electric India leases 4.8 lakh sq ft of office space in Bengaluru, ET RealEstate
Schneider Electric India, a subsidiary of the French multinational company, has rented approximately 4.8 lakh square feet of office space in Outer Ring Road (ORR), Bengaluru, from real estate developer Bagmane as part of its expansion plans. The new Schneider…
Linkedin renews lease for office space in Mumbai’s Bandra-Kurla Complex, ET RealEstate
Business and employment-focused social media platform Linkedin has renewed the lease for nearly 18,000 sq ft office space in a commercial project Maker Maxity in Mumbai’s business district Bandra-Kurla Complex (BKC) for a long-term tenure of five years. The company…
Godrej Properties acquires 49% equity shares of Godrej Skyline Developers for Rs 37.64 crore, ET RealEstate
NEW DELHI: Godrej Properties (GPL) has acquired 49% equity shares of Godrej Skyline Developers (GSDPL) from the existing shareholder for Rs 37.64 crore. Pursuant to the said acquisition, the company together with its wholly-owned subsidiary viz Godrej Projects Development (GPDL),…
Wells Fargo Buys Neiman Marcus’s Hudson Yards Space for $550M
Wells Fargo has acquired Neiman Marcus’s vacant space at 20 Hudson Yards for $550 million, marking a significant development in one of New York City’s largest property projects. The 400,000-square-foot space across three floors will complement Wells Fargo’s existing 500,000-square-foot…
Harvard Investments Buys Goodyear’s King Ranch
Harvard Investments already has a significant presence in Goodyear. Harvard owns Estrella, a 20,000-acre mixed-use master-planned community, FirstStreet Ballpark Village in Goodyear, a 251-unit, single-family build-to-rent community scheduled to begin leasing in late 2023, and in partnership with Lincoln Property…
Mondivan Acquires WA’s Largest Passive House MF for $28M
Cushman & Wakefield brokered the sale of SOLIS, a multifamily property located in the Capitol Hill submarket of Seattle, Washington. The property was acquired by The Mondivan Group, a Vancouver, British Columbia-based boutique real estate development company, for $28.5 million,…
Construction firms told to register on portal before GRAP kicks in, ET RealEstate
NEW DELHI: As updated GRAP will come into force from October 1, Delhi Pollution Control Committee (DPCC) has asked the construction companies to ensure that they register on the designated web portal else their activities will not be allowed. While…
WSU Breaks Ground on $80M Pullman Campus Engineering Hall
Washington State University recently hosted a ceremonial groundbreaking for Schweitzer Engineering Hall, a state-of-the-art educational building. The 60,000-square-foot hall will be built on an existing parking lot south of Carpenter Hall on WSU’s Pullman campus. Washington State University selected a…
Construction Underway on $67M Scheels Sports Park Complex
Construction has started on the long-awaited Scheels Sports Park, a $67 million sports complex and sports tourism destination, reported the Illinois Times. The complex will include turf fields for soccer, softball, rugby, lacrosse, football, and baseball, while a 190,000-square-foot domed…
Godrej Fund set to sell three floors in BKC project for Rs 900 crore, ET RealEstate
Representative Image Godrej Fund Management, the real estate private equity firm of Godrej Group, is close to selling office space spread across three floors in commercial project Godrej BKC in Mumbai‘s Bandra-Kurla Complex to Max Life Insurance for around ‘900…