Mumbai Real Estate News
Mumbai
World Property Markets to Commence Industry Joint Venture Funding Round
Michael Gerrity, founder of Miami-based World Property Ventures (WPV), has announced that WPV's wholly-owned subsidiary, World Property Markets, is soon launching a significant $350 million joint-venture funding round with multiple industry partners later this quarter.
Global Edge Data Center Market to Hit $300 Billion by 2026
Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers.
AI Driving Significant Global Data Center Growth in 2024
A new report from CBRE reveals that ongoing power shortages are creating opportunities for development in emerging global data center markets and driving up rents in established markets worldwide.
Asia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent
New data from the global real estate consultancy JLL indicates that the Asia Pacific region was the sole global area to experience an increase in commercial real estate investment in the first quarter of 2024, with investments hitting $30.5 billion. This represents a 13% rise year-over-year (YoY) and is the second consecutive quarterly increase after a slump lasting seven quarters.
