Tag Archive for knight

Knight Frank profits jump 14% to £166.7m led by resilient global markets


By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Results overview

Alistair Elliott, senior partner and group chairman commented: “I am pleased to report another very strong set of results for the group. Our turnover increased by 10% in the face of volatile markets and political conditions around the world and we improved our margins with profit up 14%. We believe that this is a reflection of the success of our concentration on organic and strategic investment in people over the past five years and is a tribute to the quality of our teams across the globe.

If we reflect on our progress over the ten years since the financial crisis, there is good reason to feel confident. Since 2008, we have substantially increased the scale, breadth and scope of our business and, recognising the cyclical nature of our markets, we have retained profits in order to build a strong balance sheet that has no net debt. We think that this is particularly important in the current environment. Read more

Residential launches make a comeback, prices lower but sales stagnant: Knight Frank India


By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Knight Frank India today launched the ninth edition of its flagship half yearly report - India Real Estate. It presents a comprehensive analysis of the residential and office market performance of MMR for the periodJanuary – June 2018 (H1 2018).

Office Takeaways:

  • ·         New office space supply lowers by 42% YoY
  • ·         Vacancy levels see a marginal rise to 21.5%
  • ·         Lack of quality office space in desired business districts limits transactions, transaction lower by 7% YoY
  • ·         Greater share of transactions in lower rental peripheral and suburban office markets pull down weighted average transacted rentals by 8% YoY
  • Co-working comprises 30% of transactions by ‘Other Services’ sector


Residential Takeaways:

  • ·         Launches grow 128% YoY in H1 2018 on a low base of H1 2017 due to dumping ground reprieve in BMC region and mega project launches in peripheral suburbs
  • ·         Mumbai city (BMC region) witnesses highest growth in supply post dumping ground reprieve
  • ·         Average size of units in MMR shrink by 12% between 2013 and 2018
  • ·         9% YoY decline in weighted average prices across MMR, with prices declining across markets
  • ·         In addition to reduction in prices, developers are offering bouquet of sops including 24-month rent assurance, stamp duty waivers and no floor rise charges among others
  • ·         Residential sales stagnant recording a marginal 1% YoY growth over H1 2017
  • ·         Unsold inventory lower by 14% YoY. QTS declines from 8.8 in H1 2017 to 8.0 in H1 2018 as launches have constantly lagged sales from H2 2014 till H2 2017



Dr. Samantak Das, Chief Economist & National Director – Research said, “In the backdrop of H1 2017 – a period of RERA and GST implementation, Mumbai residential market witnessed 128% YoY growth in launches in H1 2018. This was primarily driven by dumping ground reprieve in Mumbai city and also mega project launches in peripheral suburbs. Most developers focused on reducing apartment sizes of their new launches. Accordingly, we have seen shrinkage of 12% in apartment sizes across MMR, with some premium markets witnessing reduction of as high as 31%. Further, besides the nominal price drop across markets, developers are also offering a host of other incentives to entice buyers. Read more

Knight Frank India launches Capital Markets Report titled ‘Realty Asset Monetisation 2018


By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Knight Frank India, one of the leading International Property Consultants today launched the third edition of theirCapital Markets report. Titled ‘Realty Asset Monetisation 2018 – An Overview’ the report deciphers the emerging trends in monetisation of real estate assets.


Key findings of the report:


PE investments across debt and equity:

  • PE investments across debt and equity shifted into a new paradigm post 2014 with the new Government coming into power
  • PE investments grew at a CAGR of around 36% from USD 2.5 billion (Rs. 17,200 Cr) in 2014 to USD 8.6 billion (Rs. 59,100 Cr) in 2017
  • The average investment per deal increased almost 2.5 times from USD 40 million (Rs. 270 Cr) per deal in 2011 to USD 102 million (Rs. 700 Cr) per deal in 2017
  • In the first 6 months of 2018 USD 4.9 billion (Rs. 33,700) has been invested across 31 deals with an average investment per deal of USD 158 million (Rs 1,080 Cr) almost four times the average investment per deal in 2011
  • While PE investments into residential sector languished, investors flocked to the commercial assets
    • Investments into office grew steadily; but warehousing sector witnessed significant traction Read more

    Overseas capital investment in India touches USD 2.6 bn recording a 31% growth according to Knight Frank’s Active Capital: The 2018 Report


    By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

    Knight Frank, the independent global property consultancy, today launched Active Capital: The 2018 Report. Looking at the shifts in capital flows, the report dives into the sources and destinations of cross-border investments in commercial real estate.


    Key India findings of the report:


    • ·         India ranks an impressive 19th position amongst the 73 countries that attracted cross-border capital into their property market in 2017. With USD 2.6 bn of cross-border capital inflows (excluding development sites), India ranks ahead of its Asia Pacific regional counterparts like Malaysia, Thailand, Indonesia, Vietnam and Philippines, which collectively attracted lesser capital flows compared to India.


    • ·         Capital flows into Indian property market have been 10 times higher than the outflows in 2017. USD 2.6 bn of inflow was recorded compared to outbound capital flows to the tune of USD 0.26 bn last year. Led by a battery of reforms like RERA, GST and demonetisation, the attractiveness of Indian real estate potential has caught the fancy of international investors and developers alike resulting into this favourable investment account.


    • ·         Compared to 86% share in 2016, United States, Canada and Singapore collectively contributed to 84% of capital inflows to Indian property followed by United Kingdom, United Arab Emirates and Hong Kong in 2017. Read more

    Co-working demand set to triple in the next 3 years, says Knight Frank India


    By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

    Co-working The office of the future

    Knight Frank India, one of the leading International Property Consultants today launched a report on the changing perceptions of the workplace titled Co-working: The office of the future. Read more