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Colliers appoints Ramesh Nair as CEO for India business

Colliers appoints Ramesh Nair as CEO for India business SECTIONS Share Synopsis Ramesh Nair has experience working across diverse asset classes and markets, advising leading domestic and multinational owners, investors, and occupiers. Based in Mumbai, Nair will work closely with Sankey Prasad, CMD, Colliers India, to lead the business. Agencies Nair joins Colliers from JLL India, where he held the position of CEO & Country Head, leading over 12,000 people. Colliers, a Nasdaq listed professional services and investment management company has appointed Ramesh Nair as the CEO (India) and MD market development for Asia. Nair joins Colliers from JLL India, where he held the position of CEO & Country Head, leading over 12,000 people.

Gross leasing of office space down 22% across 6 cities in Jan-June

Gross leasing of office space down 22% across 6 cities in Jan-June
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

The Indian cold chain sector is expected to grow at 14% CAGR during 2021-2023

India has about 8,200 cold storage facilities as of 2020, 75% of which are suitable only for storing single commodities, mainly potatoes. The surge in online grocery, processed foods and pharmaceuticals sales have opened up ample opportunities for developers and third-party logistics players to develop multi-purpose cold chain facilities in India.

Flexible workspaces account for only 5% of 4 3 million sq ft leasing in Q1 this year

Flexible workspaces account for only 5% of 4.3 million sq ft leasing in Q1 this year April 20, 2021 × IT-BPM accounted for about 47 per cent of the total leasing, driving the demand, according to Colliers Flexible workspaces accounted for 5 per cent of the 4.3 million square feet leasing in Q1 2021, down from 11 per cent share of the 12.2 million square feet in Q1 2020. Operators continued to be cautious on expansion and instead focused on opening centres only with established demand from enterprises. Flexible workspaces saw corporate clients leasing over 11,800 seats with them during the quarter. Bengaluru saw majority of the flexible workspace leasing. Mumbai and Pune had one deal each.

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