Retaliatory sanctions by the Indian government against China including the ban on 59 Chinese apps<\/a> may have a marginal impact on the commercial real estate<\/a> sector in Mumbai, Bengaluru<\/a> and the National Capital Region, realty consultants<\/a> said.

Several of these companies like TikTok occupy premium office space in metro cities, and if the ban continues, they will start vacating their offices, say property brokers.

Besides, TikTok and some others were actively looking for more office space to expand their India operations, and those plans are now on hold.

“UC browser and TikTok are the two main companies who occupy large office space in Delhi, Bangalore and Mumbai. At a time when there is already a tenant exodus, further exits by international companies may dent the commercial real estate sector,” said a property consultant, speaking on the condition of anonymity.

Another property consultant said TikTok was actively looking for office space and had even scoured for properties in March.

“They were looking for 1.5-2 lakh square feet but they will put the plan on hold for sure. There is no confirmation of any of these companies vacating the space as of now but if the ban continues, it is obvious that they will shut the office,” said a Delhi-based consultant.

The India-China standoff in Ladakh might also impact the decision of companies in mobile and automobile sectors, as they also invest heavily in office space and manufacturing facilities.

“The current scenario can have some impact on leasing activities. We will know of the extent of impact with time,” said Mudassir Zaidi, Knight Frank India’s executive director for north.

Smartphone<\/a> companies Vivo and Oppo have large manufacturing facilities in Greater Noida in Uttar Pradesh, apart from offices in Mumbai, Delhi and Bengaluru.

A Bengaluru-based market expert said telecom equipment company
Huawei<\/a> was one of the largest tenants in the city with 1 million sq. ft. While, smartphone maker One Plus occupied 200,000 sq ft, rivals Xiaomi<\/a> and ViVo too had leased office space in the city.

App companies are largely occupying co-working space, possibly 700-800 seats. TikTok is in talks to rent space across Mumbai, Bangalore and Gurgaon. This deal has gone slow and no big leasing is being done by Chinese firms,” said a Bengaluru-based market expert.

Chinese firms account for less than 1%of the total leasing portfolio in the country, experts said.

“UC browser occupies three floors in Cyber City, which is the prime space in the NCR. It’s not just about leasing but also the number of people they employ directly or indirectly. Besides impact on commercial leasing, it will also result in job losses,” said an NCR-based consultant.

On June 29, the Indian government banned 59 mobile apps, citing security concerns.
<\/p><\/body>","next_sibling":[{"msid":76752649,"title":"Chinese smartphone brands put investments on hold in India amidst geopolitical tensions","entity_type":"ARTICLE","link":"\/news\/business-uncertainty-chinese-handset-brands-may-put-manufacturing-related-investments-on-hold\/76752649","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"76752661","title":"Huawei","entity_type":"IMAGES","seopath":"industry\/services\/property-\/-cstruction\/chinese-apps-ban-may-have-marginal-impact-on-commercial-real-estate-consultants\/huawei","category_name":"Chinese apps ban may have marginal impact on commercial real estate: Consultants","synopsis":"A Bengaluru-based market expert said telecom equipment company Huawei was one of the largest tenants in the city with 1 million sq. ft.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-135654\/76752661.cms?width=150&height=112","link":"\/image\/industry\/services\/property-\/-cstruction\/chinese-apps-ban-may-have-marginal-impact-on-commercial-real-estate-consultants\/huawei\/76752661"}],"msid":76753348,"entity_type":"ARTICLE","title":"Chinese apps ban may have marginal impact on commercial real estate: Consultants","synopsis":"Several of these companies like TikTok occupy premium office space in metro cities, and if the ban continues, they will start vacating their offices, say property brokers. ","titleseo":"telecomnews\/chinese-apps-ban-may-have-marginal-impact-on-commercial-real-estate-consultants","status":"ACTIVE","authors":[{"author_name":"Faizan Haidar","author_link":"\/author\/479253128\/faizan-haidar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479253128.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479253128,"author_name":"Faizan Haidar","author_seo_name":"faizan-haidar","designation":"Journalist","agency":false}},{"author_name":"Sobia Khan","author_link":"\/author\/479191288\/sobia-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479191288.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479191288,"author_name":"Sobia Khan","author_seo_name":"sobia-khan","designation":"Journalist","agency":false}},{"author_name":"Gaurav Laghate","author_link":"\/author\/479243984\/gaurav-laghate","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479243984.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479243984,"author_name":"Gaurav Laghate","author_seo_name":"gaurav-laghate","designation":"Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2020-07-02 19:42:08","lastupd":"2020-07-02 19:43:00","breadcrumbTags":["chinese apps","real estate","chinese apps banned","huawei","Xiaomi","Bengaluru","Smartphone","Oppo Electronics","realty consultants","MVAS\/Apps"],"secinfo":{"seolocation":"telecomnews\/chinese-apps-ban-may-have-marginal-impact-on-commercial-real-estate-consultants"}}" data-authors="[" faizan haidar","sobia khan","gaurav laghate"]" data-category-name="" data-category_id="" data-date="2020-07-02" data-index="article_1">

中国应用禁令可能对商业地产的影响边际:顾问

这些公司的几个像TikTok占领高端办公空间在地铁的城市,如果禁令持续下去,他们将开始选举他们的办公室,说房地产经纪人。

Faizan海达尔 索比亚汗 Gaurav Laghate
  • 更新于2020年7月2日07:43点坚持

由印度政府对中国包括报复性制裁禁令59中国的应用可能有一个边际影响商业房地产部门在孟买,班加罗尔国家首都地区,物业顾问说。

这些公司的几个像TikTok占领高端办公空间在地铁的城市,如果禁令持续下去,他们将开始选举他们的办公室,说房地产经纪人。

此外,TikTok和其他一些积极寻找更多的办公空间,扩大其印度业务,这些计划已经搁置了。

”UC浏览器和TikTok是两个主要公司占领大型办公空间在德里,班加罗尔和孟买。时已经有租户《出埃及记》,进一步退出国际公司可能会影响到商业地产行业,“说房地产顾问,不愿透露姓名的。

广告
另一个属性顾问说TikTok积极寻找办公空间,甚至擦3月为属性。

“他们寻找1.5 - 2十万的平方英尺,但他们肯定会搁置这个计划。没有确认这些公司搬空的空间,但如果继续禁止,很明显,他们将关闭办公室,”德里顾问说。

印中对峙的拉达克也可能影响手机和汽车行业的公司的决定,因为他们也大举投资办公空间和生产设施。

“目前对租赁活动场景中都有一些影响。我们将知道程度的影响随着时间的推移,”Knight Frank Mudassir扎伊迪说,印度北部的执行董事。

智能手机公司Vivo和朋友有大型生产设施大诺伊达在北方邦,除了在孟买、新德里和班加罗尔。

Bengaluru-based市场专家说电信设备公司华为是这个城市最大的租户100万平方。英尺。同时,智能手机制造商1 +占据200000平方英尺,竞争对手小米和体内也租用办公空间。

应用公司很大程度上占领联合办公空间,可能是700 - 800个席位。TikTok正在洽谈租空间在孟买、班加罗尔和古尔加翁。这笔交易已经缓慢而没有大的租赁是由中国公司,”Bengaluru-based市场专家说。

广告
中国公司租赁总额中仅占了不到1%的投资组合,专家说。

“UC浏览器占据了三层网络的城市,这是NCR的主要空间。不仅仅是租赁,也直接或间接雇佣的人数。除了对商业租赁的影响,也会导致失业,”NCR-based顾问说。

6月29日,印度政府禁止59移动应用,出于安全担忧。

  • 发布于2020年7月2日07:42点坚持
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Retaliatory sanctions by the Indian government against China including the ban on 59 Chinese apps<\/a> may have a marginal impact on the commercial real estate<\/a> sector in Mumbai, Bengaluru<\/a> and the National Capital Region, realty consultants<\/a> said.

Several of these companies like TikTok occupy premium office space in metro cities, and if the ban continues, they will start vacating their offices, say property brokers.

Besides, TikTok and some others were actively looking for more office space to expand their India operations, and those plans are now on hold.

“UC browser and TikTok are the two main companies who occupy large office space in Delhi, Bangalore and Mumbai. At a time when there is already a tenant exodus, further exits by international companies may dent the commercial real estate sector,” said a property consultant, speaking on the condition of anonymity.

Another property consultant said TikTok was actively looking for office space and had even scoured for properties in March.

“They were looking for 1.5-2 lakh square feet but they will put the plan on hold for sure. There is no confirmation of any of these companies vacating the space as of now but if the ban continues, it is obvious that they will shut the office,” said a Delhi-based consultant.

The India-China standoff in Ladakh might also impact the decision of companies in mobile and automobile sectors, as they also invest heavily in office space and manufacturing facilities.

“The current scenario can have some impact on leasing activities. We will know of the extent of impact with time,” said Mudassir Zaidi, Knight Frank India’s executive director for north.

Smartphone<\/a> companies Vivo and Oppo have large manufacturing facilities in Greater Noida in Uttar Pradesh, apart from offices in Mumbai, Delhi and Bengaluru.

A Bengaluru-based market expert said telecom equipment company
Huawei<\/a> was one of the largest tenants in the city with 1 million sq. ft. While, smartphone maker One Plus occupied 200,000 sq ft, rivals Xiaomi<\/a> and ViVo too had leased office space in the city.

App companies are largely occupying co-working space, possibly 700-800 seats. TikTok is in talks to rent space across Mumbai, Bangalore and Gurgaon. This deal has gone slow and no big leasing is being done by Chinese firms,” said a Bengaluru-based market expert.

Chinese firms account for less than 1%of the total leasing portfolio in the country, experts said.

“UC browser occupies three floors in Cyber City, which is the prime space in the NCR. It’s not just about leasing but also the number of people they employ directly or indirectly. Besides impact on commercial leasing, it will also result in job losses,” said an NCR-based consultant.

On June 29, the Indian government banned 59 mobile apps, citing security concerns.
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