Share:

CHENNAI MARKETBEAT REPORTS

Rohan Sharma • 30/07/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: Several transactions in their last leg before the COVID-19 induced lockdown were concluded, with those occupiers exhibiting confidence about their long term business prospects.

Retail: Construction activity came to a standstill for more than 3 months and landlords are not in a hurry to resume work anytime soon amidst a rising COVID-19 tally besides labour and resource constraints.

Industrial: The large-scale supply chain disruptions in the wake of COVID-19 led to a slowdown in Chennai’s manufacturing operations and even demand for warehousing facilities in H1 2020 declined by 95% when compared to the half yearly absorption in H2 2019.

Residential: Sales could recover albeit at a slower pace post the lockdown given the extension of tax benefits for affordable housing units and developers bringing in new offers to increase sales.

Investment: The industrial and logistics sector will continue to present good investment opportunities as the sector has the potential to be recession-proof even as the shifts in consumption patterns and India’s push towards manufacturing creates stable asset performance with investors remaining upbeat on this asset class.

Learn more by clicking our most recent Chennai MarketBeat reports below.

CURRENT MARKETBEAT

Office Buildings CBD
Chennai Office Report

The Chennai office market recorded nearly 1.25 msf of leasing activity in Q2, up by 77% on a q-o-q basis (31% lower y-o-y). 

Click here to download the report

Warehouse Internal Rack
Chennai Industrial Report

Over the next few quarters, steady growth in demand for warehousing space is expected, with substantial enquiries from e-commerce, FMCG and pharmaceutical occupiers.

CLICK HERE TO DOWNLOAD THE REPORT

Shopping Retail
Chennai Retail Report

Leasing enquires have come to a virtual standstill, though mall operators are willing to offer lucrative terms.

Click here to download the report

Warehouse Internal Rack
Chennai Residential Report

Chennai witnessed just about 500 new unit launches in Q2, a sharp decline of 82% over the previous quarter and 74% y-o-y.

Click here to download the report

Warehouse Internal Rack
India Investment Report

Transaction volumes fell to less than a third on a q-o-q basis, to INR 2.3 bn (USD 0.03 bn). H1 2020 is still already higher than 2019 full-year volumes.

CLICK HERE TO DOWNLOAD THE REPORT

RELATED INSIGHTS

generic-building
Insights • Occupier

Student Housing

The Professionally Managed Student Accommodation (PMSA) sector has been a bright spot amongst the alternative assets in the Indian RE industry. 

Rohan Sharma • 31/01/2020
generic-building
Insights • Investment

SEZ Sunset Clause Report

The Indian SEZ Act, 2005 (the ‘SEZ Act’) heralded a new era in the country’s economic progress, by introducing a systematic plan to put India on the global manufacturing and export map.  

Rohan Sharma • 31/01/2020
generic-building
Insights • Occupier

Student Housing

The Professionally Managed Student Accommodation (PMSA) sector has been a bright spot amongst the alternative assets in the Indian RE industry. 

Rohan Sharma • 31/01/2020