Office Matters? Repositioning of Office Investments in a Post COVID-19 world.
Although Covid-19 is here to stay for a while, hampering growth across the region and spooking investors, many economists predict the virus will have a limited impact on investments with longer time-horizons. Investors are also watching real estate values closely to determine whether prices are cresting in specific markets or sectors. Will changing tenant behaviours readjust valuations? Will the risk-return proposition of building core in many cases be more favourable than buying core? This eMeeting will assess the outlook for office yields across India, taking a short term to buy and a long term view to collate sustainable rental income.
Yield sentiment for core and prime office yields
Supply and Demand - Rates and price points
Valuations - Any surprises?
Rent rebates or reputational risk?
Office Supply and Demand Trends in Key Indian Cities - Predictions to Reality.
Office space may emerge from the coronavirus pandemic with a blend of old and new trends, the office of the future may now be the office of the past. How will the leasing landscape change for the office sector across six major cities in India? How will companies think about distribution of office locations, less centralisation and more hub and spoke approach? Are offices likely to see headwinds until a new norm is found?
- Impact of the pandemic on office demand/supply in six major cities of India- Net absorption/Vacancy/Completion and Rent
- Business Continuity Plans for Occupiers
- Is Consolidation and acquisition in the flexible operating space going to gain momentum ?
- New lease agreements and conditions - operating hours, cessation of business
- Force Majure clauses and Insurance conditions
COVID-19 and its impact on the hottest alternate asset class: Data Centres
The emergence of a new business environment in the wake of Covid-19 is expected to boost cloud services and digitisation as companies overhaul their digital infrastructure to deal with new ways of working. Higher penetration of e-commerce, digital payments and widespread deployment of Big Data, apart from policy level push for data localisation, had already started spurring demand for data centres before COVID-19 struck. Sectors such as banking, financial services, logistics, transportation, e-commerce, media and entertainment, along with large-scale digitisation efforts within government, are driving the growth.
What are the policy initiatives and trends in this asset class that will change the course of demand ?
How will the operations of the data centres evolve in the times to come?
What will the contribution of this fast growing asset class be on the real estate of the future in Indian cities?
With a corporate career of heading a JV with “The Phoenix Mills Ltd” till 2016 and interesting stints in the entertainment industry like Red Chillies Entertainments, Aditya has several accomplishments to his credit. Having successfully completed the exit transaction of his food-tech E-commerce startup is presently identifying new investment proposals in varied sectors.