commercial real estate
5 statements across 2 episodes · 2 bullish · 1 bearish · 2 people on the record · first statement Jun 29, 2020 by Somesh Dash · across every show →
Everything said about commercial real estate, oldest first
Jun 29, 2020 negative
Dash: Commercial real estate is largely wasteful and hybrid work will persist post-COVID
“I think we're all realizing that commercial real estate is predominantly a big waste of money. I think we're all learning that there are hybrid work modes that we will all move into even post COVID that are just better.”
Mar 20, 2023 bullish
Virwani: Flexible workspaces are now the third largest commercial real estate occupiers
“We as flex industry have become the third highest taker of space, which never used to exist. So it's IT, ITS, banking and, you know, financial services. And then, like, Flex, that is taking a lot of real estate.”
Mar 20, 2023
Virwani: Multinational real estate procurement in India takes up to 24 months
“India has always had very low supply of grade A commercial real estate, or, you know, what these large MNCs would end up taking, and the speed at which they can bring on real estate in their system, which means whatever we spoke about You know, which is our se…”
Mar 20, 2023 bullish
Virwani: Coworking will capture 20% of Indian commercial real estate
“We feel that co-working of, you know, the flex workspace industry will become at least 20% of, you know, all commercial real estate in a period of time. Or even if you say, like, at least 20% of all companies workforce will work in a flexible model.”
Mar 20, 2023 neutral
Virwani: Coworking occupies up to 8% of India's Grade A commercial real estate
“Co-working right now is, like, between six to eight percent of All of commercial real estate. So Indian, you know, grade A supply is like eight hundred million square foot of all the supply. Coworking right now is just about like 40 odd million.”