Latest news with #Zone1
Barnama
2 days ago
- Politics
- Barnama
863 Youth Participated In Kembara JOM 2.0 In Kota Marudu, Sabah
KOTA KINABALU, Aug 17 (Bernama) -- A total of 863 youth from Kota Kinabalu and Labuan participated in the Borneo Zone 1 Kembara Jumpa Orang Muda (Kembara JOM) 2.0 programme at Kampung Tagaroh, Kota Marudu, Sabah from Aug 15 to 17. Deputy Youth and Sports Minister Adam Adli, who was also at the programme, said that Kembara JOM helped strengthen the rural youth empowerment agenda and findings from the programme would help national youth development. 'Kembara JOM serves as a platform for profiling rural youth, setting up new associations, youth participation as well as the implementation of socio-economic studies and the needs of local youth,' he said in a statement today.
CBS News
04-08-2025
- CBS News
Police investigating overnight shooting near the Jack Stack Pool in Brighton Heights
Pittsburgh Police are investigating an overnight shooting that happened near the Jack Stack Pool in the city's Brighton Heights neighborhood. Police say officers from Zone 1 were called to the area of Brighton Woods Road just before 1:15 a.m. on Monday after receiving two ShotSpotter alerts that totaled 27 rounds. When officers arrived in the area, they found multiple shell casings and found a vehicle with gun on the floorboard. Police say that vehicles was towed from the scene of the shooting. Police say a man was dropped off at a nearby hospital a short time later with a graze wound to the head. He was last said to be in stable condition. KDKA's news crew at the scene witnessed the Mobile Crime Unit from the police bureau working to process evidence related to the shooting. Police say the investigation into the shooting is ongoing.
Time of India
07-07-2025
- Business
- Time of India
Flex spaces power India's office market with 65% yoy surge, tech sector drives over 50% of occupancy
Flexible workspaces are emerging as a key pillar of India's commercial real estate market, with strong demand across cities and sectors. Leasing activity in flex spaces touched 4.3 million square feet in Q2 2025, marking a 65% year-on-year rise with major players singing large floor spaces In Mumbai , Smartworks leased 411,200 sq. ft. in TRIL-Phase I-Intellion Park, Navi Mumbai, one of the largest deals of the year. In Hyderabad, Tablespace leased 270,000 sq. ft. at Phoenix Centaurus in the Off SBD region. Chennai witnessed a significant deal with Incuspaze taking 250,500 sq. ft. in Olympia Crest on OMR Zone 1, while WorkEZ and Smartworks closed two deals in Bengaluru , leasing 175,000 sq. ft. and 159,000 sq. ft., respectively. Additionally, Bhive leased 143,900 sq. ft. in Whitefield, continuing the trend of strong local operator activity in the city. 'Tech firms continue to drive flex space demand, particularly in core and suburban business districts. These occupiers increasingly prefer managed and agile space models to support hybrid operations and cost management.,' said Sankey Prasad, chairman & managing director, Middle East & India at Colliers. Experts says technology-driven companies have been central to this surge. Occupiers from tech-based firms—ranging from global IT services companies to domestic SaaS and fintech players—now account for over 50% of total flex space occupancy across India's top seven cities. The demand spans both startups and large enterprises seeking scalability, speed to market, and employee-centric workplace models. Live Events In the first half of 2025, Microsoft Corporation executed the largest flex space transaction, leasing approximately 1,250 seats at Phoenix Centaurus in Hyderabad's Off SBD micro-market Concentrix followed with a lease for 1,100 seats at Poloroche Business Avenue in Pune's Viman Nagar. Fujitsu Limited secured 800 seats at Raheja Mindspace in Hyderabad's SBD, marking another significant deal in the city. Meanwhile, Rapid7 leased around 600 seats at Amar Tech Park in Pune's Baner Balewadi area through, highlighting Pune's growing appeal to tech occupiers seeking flexible workspace solutions. In Chennai, Contus Tech leased 550 seats at Keppel One Paramount, operated, while Korcomptenz secured 255 seats at the SIFC Building in the CBD. Additionally, Cloud Odyssey opted for 326 seats at Manyata Tech Park in Bengaluru, and Infosys Limited took up 300 seats at Alphathum Tower in Noida. According to experts, Bengaluru remains the largest flex space market, accounting for one-third of leasing activity in Q2 2025. However, leasing momentum is picking up in Mumbai, Hyderabad, and Chennai, with key transactions reflecting growing occupier confidence and supply follows the all-time high quarterly demand witnessed in Q4 2024, reinforcing flex operators' growing influence on occupier preferences and office space planning, according to data from Colliers. Flex space providers are no longer viewed as a stopgap or cost-saving solution. They have become mainstream players catering to diverse occupier segments, including multinationals. Their influence now extends beyond just leasing—they are actively shaping how space is designed, used, and managed. 'Our enterprise-first model ensures compliance, scalability, and speed, helping large global clients expand seamlessly. Many clients grow their footprint with us, validating our offering. As demand from GCCs rises, we are expanding across Tier 1 cities to meet growing enterprise needs,' said Kunal Mehra, President & Co-CEO, Table Space Many corporates are also adopting the hub-and-spoke model, combining head offices with satellite flex sites to cater to distributed workforces. 'As workplace strategies evolve post-pandemic, flexible office spaces are no longer just about convenience—they are becoming a strategic asset class. We are working closely with landlords to co-create long-term space solutions, integrating flexibility particularly in newer micro-markets and redeveloped business parks,' said Urban Vault Founder Amal Mishra. India's flex space stock has crossed 60 million sq. ft., with the top seven cities contributing the majority of this footprint. Operators are expanding into Tier-2 cities and strengthening their offerings with customised enterprise solutions, technology integration, and space-as-a-service models. Given the current momentum and occupier appetite, industry experts believe flex spaces will account for a rising share of total office absorption in 2025 and beyond. Institutional investors and developers are also collaborating with operators to include managed space formats in their upcoming assets.
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Business Standard
19-06-2025
- Business
- Business Standard
Top 10 micro markets to drive 80% of India's office space growth: Colliers
High-activity micro markets across the top seven Indian cities are likely to witness at least 1 million square feet (msf) of average annual office demand and supply and collectively drive more than 80 per cent of the demand and new supply in the next few years, according to a report by Colliers. Of all the micro markets, four high-activity micro markets are in Bengaluru, three each are in Delhi NCR and Pune, two each are in Chennai and Hyderabad, and one in Mumbai. These high-activity micro markets are spread across secondary and peripheral business districts (SBDs and PBDs). These micro markets are expected to continue to drive India's office market over the next few years amidst city expansions, ongoing infrastructure developments, and evolving work models. While the existing high-activity micro markets will continue to grow, other emerging micro markets too are expected to increasingly complement the larger micro markets. 'India's office market is poised for steady strong growth, led by 15–20 high-activity micro markets. While some of these micro markets are already established commercial real estate hubs, emerging micro markets can potentially scale up and witness heightened traction in the upcoming years. Interestingly, India will continue to be strategically positioned in terms of rental arbitrage, with more than half of the Grade A demand expected in micro markets having sub or near-dollar rentals,' said Arpit Mehrotra, Managing Director, Office Services, India, Colliers. Of the total 38 msf of flex space leasing across the top seven Indian cities since 2020, 59 per cent corresponded to the top 10 micro markets. Within these, SBD-Hyderabad, ORR-Bengaluru, and Baner-Balewadi, Pune, cumulatively drove around one-third of the flex space uptake in India. Overall, the annual flex space demand in these top 10 micro markets has surged from 1.3 msf in 2020 to 7.3 msf in 2024 at a compound annual growth rate (CAGR) of 54 per cent. On the global capability centre (GCC) front, nearly 70 msf of GCC demand during the last five years has been concentrated in the top 10 micro markets, accounting for 73 per cent of the total GCC leasing in India. Micro markets such as ORR, Whitefield, SBD 1, and North in Bengaluru, SBD and Off SBD in Hyderabad, and OMR Zone 1 and MPR in Chennai collectively have accounted for two-thirds of the country's Grade A space uptake by GCCs since 2020. Although most micro markets in India have seen rental appreciation compared to pre-pandemic levels, select micro markets in Mumbai and Delhi NCR continue to lead in terms of average rentals. BKC, CBD, Lower Parel, Worli-Prabhadevi, Goregaon/JVLR, and Kalina in Mumbai, and CBD, Aerocity, Golf Course Road, and South Delhi in Delhi NCR feature prominently in the list of micro markets having the highest rentals in India. Almost 30 per cent of the office micro markets in India have sub-10 per cent vacancy levels, compared to the 16.2 per cent vacancy at the India level. 'Majority of these high-activity micro markets will continue to have potentially higher rental upside and are likely to lean towards landlords and developers. In addition to the preference for premium offerings, occupiers will increasingly prefer sustainable elements and green-certified office buildings,' said Vimal Nadar, National Director and Head of Research, Colliers India. Of the 488 msf of REIT-worthy office stock in India, 56 per cent is in the top 10 micro markets. Meanwhile, 275 msf of Grade A inventory (as of Q1 CY25) corresponding to 72 per cent of the overall stock in these micro markets is already under REITs or has the potential to be listed as future REITs. Key micro markets in Bengaluru (ORR and Whitefield) and Hyderabad (SBD and Off SBD) collectively hold 38 per cent of India's REIT-worthy office stock. These four micro markets cumulatively have more than 35 msf of office stock already under existing REITs.
Time Out
16-06-2025
- Entertainment
- Time Out
Osteria Angelina
No matter how much we want to keep them to ourselves, you can't help but feel a sense of pride, deep in your chest, when a beloved neighbourhood restaurant graduates to Zone 1. First Leytonstone's Singburi, and now Dalston's Angelina are joining the big boys under the skyscrapers. And can we blame them? Real money isn't in date night dinners – it's in sharing steaks you can charge to the company card. This food is interesting and adventurous – it's fusion but not naff or ill-thought out Osteria Angelina is the shiny new outpost of the Japanese-Italian fusion tasting menu restaurant, and it is absolutely, hands-down brilliant. With loud music, high glassy ceilings and a smell which can only be described as new, this is a swanky place, just a short walk from Liverpool Street in a former cotton factory. It's a thoughtful rethinking of the OG with an entirely different menu – though the care, quality and spirit of the original outpost remain. I started with a glug of peachy Soave, before tucking into small plate starters, including quite possibly the best heritage tomato salad I have ever tasted. The milk bread, fluffy but dense, was a joy to use, sponge-like, to soak up the vinaigrette dressing (though I was less sold on its accompanying marmalade, which felt like overkill). Don't skimp on the crudo, which is delectable: especially the seared tuna, with a small kick of wasabi, swimming in a sea of garlicky green juice. The sea bream, slightly nutty and served with pear, was softer, but just as tender and gorgeous. Pasta-wise, you're going to want to go for the tortellini, which was all fresh truffle and kelp. Then onto the big boys: ox tongue with wasabi (not at all tongue like), was gorgeously gamey and umami, and went down a treat with a superb side of greens, suffocating in parmesan. Avoid ordering the charcoal-coloured sesame cheesecake, which was so dense it could have stopped a door, but the chilli sorbet, served with fresh grapes and blueberries, danced on the tongue with a serious kick. This food is interesting and adventurous – it's fusion but not naff or ill-thought out. A Deans-listed, top-of-the-year, first-class graduation.
