JLL appoints Nishant Kabra as Managing Director for Bengaluru. August 7, 2026 Mumbai, August 7, 2026: JLL has named Nishant Kabra as its new Managing Director for Bengaluru, expanding its leadership in India's largest commercial real estate market, the company announced on Wednesday. Kabra, who brings nearly 20 years of experience in commercial real estate, will oversee JLL's operations across all business lines in Bengaluru. He will also continue in his current position as Managing Director - Investment Sales and Debt Advisory for JLL's Capital Markets business in India. Bengaluru's office market scale. Bengaluru accounts for 27% of India's office leasing over the past decade and is home to more than 800 Global Capability Centres (GCCs), the highest concentration in the country. The city recorded 43.4 million sq. ft. of leasing activity by GCCs between 2022 and the first half of 2026, representing 38% of all GCC space take-up nationally, according to JLL. The market has 243.7 million sq. ft. of Grade A office stock, making it the largest such inventory in India and among the biggest in the Asia-Pacific region. Between 2022 and H1 2026, Bengaluru registered cumulative gross leasing of 82 million sq. ft., capturing 31.6% of all leasing by foreign occupiers in Q2 2026. Net absorption reached 8.3 million sq. ft. in H1 2026, a 24.2% year-on-year increase, accounting for 30.9% of pan-India absorption. Supply pipeline and investment trends. The city delivered 66.2 million sq. ft. of new office supply between 2022 and H1 2026, with an additional 18-19 million sq. ft. expected by the end of 2026. REIT-owned office space in Bengaluru now accounts for over 40% of India's total REIT-owned office market, reflecting strong institutional investor confidence. JLL noted that the market is seeing a "flight to quality" as occupiers seek premium assets, a trend accelerated by AI-driven transformation. Vacancy rates in core submarkets have fallen to single digits. Leadership comments. Radha Dhir, Chief Executive Officer, India, JLL, said Kabra's appointment aligns with the firm's Accelerate 2030 strategy and will strengthen its institutional investor connections in Bengaluru. "His proven success leading our Capital Markets business is a key asset that will strengthen our institutional investor connect, aligning with our Accelerate 2030 strategy to empower our people and drive integrated success for clients," Dhir said. Nishant Kabra said, "Bengaluru stands at an inflection point where unprecedented demand from global firms meets a maturing, quality-focused market. I am excited to lead JLL's efforts in helping clients make strategic decisions, whether securing premium space in supply-constrained submarkets or optimising portfolios for AI-driven transformation." About JLL. JLL is a global real estate services firm with operations across India, including significant presence in Bengaluru's commercial property sector. Disclaimer: This article is based on a press release provided by the concerned organisation and has been edited for style and clarity with the assistance of AI tools. BusinessFortnight does not verify, endorse, or take responsibility for the claims, figures, or statements made in the original release. [ad_1] Business Wire IndiaJLL, the largest International Property Consulting firm in India, has been ranked #1 for real estate capital markets transaction in MSCI Real Capital Analytics (RCA) for 2025. The New York-based MSCI Real Capital Analytics (RCA) rankings identify top commercial real estate investment brokers and advisors globally based on... March 19, 2026 In "Real Estate" August 4, 2026 In "Real Estate" [ad_1] Mumbai, Maharashtra, India: Over 6.97 million sq. ft of space leased to startups in H1 2022 Gross leasing for startups jumped from 17% in 2021 to 28% in H1 2022 Delhi NCR witnessed leasing go up from 0.80 million sq. ft in 2021... November 29, 2022 In "Featured"

JLL secures supplier appointment on government's construction professional services 2 framework. Commercial real estate and investment management firm, JLL, has been appointed as a named supplier to the Government Commercial Agency's (GCA) Construction Professional Services 2 framework (CPS2 - RM6356), which runs until 20230. This first-time appointment places JLL on Lot 3 - Project Management and grows JLL's service delivery to public sector organisations throughout the UK. GCA - formerly Crown Commercial Service - is the UK's central commercial and procurement organisation, connecting public and private sectors to achieve the best outcomes for the UK and its citizens. GCA uses its commercial expertise to create a simpler procurement experience that redirects valuable resources into essential public services - creating value for the nation. This appointment complements JLL's existing positions on key public sector frameworks, including the GCA's Management Consultancy Framework Four (MCF4 - RM6309) and Estates Management Services2 (EMS2 - RM6343). The addition of CPS2 enables a seamless client journey across a full suite of services, from initial strategic advice to transaction and project delivery. Nick Currie, Head of UK & Ireland Project Management at JLL said: "This appointment to CPS2 is a significant achievement that showcases our market-leading project management capabilities. It strategically complements our existing framework positions, allowing us to offer a truly integrated service journey for our government clients, from initial strategy to final project delivery." Operational excellence and workforce management in UK FM What are the main issues for FMs and Service Providers in managing contracts and the front-line staff who deliver them? Workday, the enterprise AI platform for managing people, money, and agents, has put together a short survey and is seeking views from professionals within the industry on your most pressing contract management issues, including recruitment and retention, maintaining compliance, and measuring performance, as well as your opinions on the adoption of data-driven solutions that help nurture staff and improve contract outcomes. As a thank you, you'll have the option to enter a free prize draw to win a £200 Amazon voucher. To take part in the survey please click here.