Net absorption of office space in seven major cities increased by 14% annually during July-September, with a total of 12.16 million square feet occupied. Bengaluru, Chennai, Delhi, Mumbai, Pune, and Kolkata all experienced growth in net absorption, while Hyderabad saw a decline. Overall, net absorption for the first nine months of the year was up 19% year-on-year, indicating sustained growth and increased demand for office space in India.
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The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report
On August 4, Axon Enterprise (NASDAQ: AXON) released its second-quarter financial report, leading to an 18% increase in its stock price, closing at approximately $745 per share. This rise contributes to a total year-to-date gain of 48% as of August 6. Want More Context? 🔎
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