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JLL facilitates 10-year lease for WPP for its new office

JLL India, the country’s largest real estate consultancy and professional services firm, has advised and facilitated a 10-year lease for WPP from Chalet Hotels, for its new office, having a carpet area of 260,000 sq ft, it said in a statement released today. The Firm was also appointed as the project manager to complete fit-outs for the office space, which is situated in The Orb – an integrated food, beverage, and entertainment project close to the city’s international airport. The Mumbai campus is named BAY99, which symbolizes the city’s historical roots and is also the campus’s postal code reference. The creative transformation company is bringing together over 16 of its agencies that were previously situated at different locations across Mumbai. According to the terms of the agree...

Three major India real estate hiring trends in 2018

Sukhdeep Aurora, Chief People Officer – ANAROCK Property Consultants When it comes to the factors influencing recruitment trends in Indian real estate in 2018, a lot comes to mind. However, there are three interesting developments which can be considered predominant among them: 1. Technology adoption Adeptness in digital technology and upskilling to Digitech skills are definitely prime watchwords for selecting the right candidates. To be sure, technology is the change driver around which more and more real estate recruitment decisions will be taken. This is because, whether an industry which tends to hang stubbornly on to the traditional ways of doing its business likes it or not, technology will replace – and in fact is already replacing – at least 75% of the traditional metho...

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