Hotels, hospitality sectors severely impacted by COVID-19 pandemic: JLL
NEW DELHI: The hotels and hospitality sector in India has declined sharply in the first quarter of 2020, as the COVID-19 outbreak impacts various segments of the sector, according to global real estate consultant JLL. Coming off a high performance base in 2019, the COVID-19 outbreak and the containment measures introduced by the government have […]
Connaught Place sixth most expensive office market in Asia Pacific: JLL
MUMBAI: Connaught Place in New Delhi has emerged as the sixth costliest, in terms of lease rentals, out of 20 major markets in Asia Pacific region, showed data from international property consultant JLL. The average occupancy costs – including rent, taxes and service charges – in Connaught Place are at $142, which is higher than […]