Articles for tag: Commercial, Estate, Feet, Indias, Landscape, Lease, Major, Million, Morgan, Mumbai, Real, Record, Shift, signifies, Square, Stanleys

September 19, 2024

Morgan Stanley’s record 1.1 million square feet lease in Mumbai signifies a major shift in India’s commercial real estate landscape.

Morgan Stanley has made a significant move in the Indian commercial real estate Market by leasing 1.1 million square feet of office space in Goregaon, Mumbai. This nearly 10-year lease, valued at over Rs 2,122 crore, is one of the largest office deals in India for 2024. The bank has rented 16 floors of the ...

September 10, 2024

Market News

Business

A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court has halted a government agreement that would allow India’s Adani Airport Holdings Ltd. to manage Nairobi’s main airport for 30 years. This legal decision comes as concerns arise over whether leasing Jomo Kenyatta International Airport (JKIA) to a private entity aligns with Kenya’s constitutional principles regarding good governance and accountability. Critics argue ...