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Bandra Kurla Complex, Mumbai
We have been securing offices for several of our clients in this commercial center in a decongested suburb of Mumbai. The complex is of the highest international standards and houses a number of commercial buildings including NABARD Head Office, IL&FS, Asian Heart Institute, Dow Chemicals, ICICI Bank, Citibank, Bharat Diamond Bourse, Dhirubhai Ambani International School, American School of Bombay ...Read more »
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HK Office Prices on the Rise
WSJ recently featured an article on the rising office rents in Hong Kong. 2010 saw a 30% increase in rents and specialists are forecasting another 30% increase in 2011. This statistic is coupled with projections that demand will reach 3 million sq. ft in HK's central business district while supply will be limited to just 1 million sq ft. In this explosive ...Read more »
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FASB 13
The IASB and the FASB are developing new accounting standards that will completely overhaul the way leases are reported on financial statements, significantly impacting return on assets and other key financial ratios. The new standards would require all leases to be capitalized on the companies balance sheet and replace rent payment expense reporting with interest and depreciation expense reporting. Contact us ...Read more »
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Flextime
Flextime is a hotly-debated and undeniable trend gaining in popularity, perhaps lead by the more forward-thinking hi tech companies. "Flex time" refers to practice of designing a flexible work schedule for employees that breaks the mold of the traditional 9-5 workday. Some of the main reasons for this work place renaissance include; emerging technologies; advancements in telecommuting; employee morale; and reduced overhead. In ...Read more »
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