The report states that outsourcing is primarily geared toward cost efficiency in international markets rather than benefiting domestic consumers through reduced prices
CBRE South Asia, in collaboration with PHD Chamber of Commerce and Industry, has unveiled their latest joint report titled ‘The Ascent of Indian ‘Luxe RE’, shedding light on the burgeoning luxury retail landscape across India’s top eight cities. The report reveals that high streets emerged as the preferred leasing choice for luxury brands in 2023, […]
India’s consumer packaged goods (CPG) sector experienced well-balanced growth in 2023, witnessing an increase in retail sales value coupled with volume gains, according to a report by Bain & Company. The report highlighted a global trend where 75 per cent of growth was attributed to price increases in 2023, yet India stood out as one […]
Real estate consulting firm CBRE South Asia has released its ‘India Market Monitor Q4 2023’ report. The retail sector in India experienced a record-breaking leasing activity in 2023, reaching 7.1 million sq. ft. across eight cities, marking a 47 per cent YoY increase. This surge indicates growing interest from retailers in establishing new setups, expanding, […]
Reliance Retail (RRVL), the retail arm of Reliance Industries, has successfully received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following this share allotment, KKR’s shareholding in RRVL has increased to 1.42 per cent, up from the previous 1.17 per cent. In […]
Delhi-NCR recorded an increase in retail leasing by 65 per cent YoY across investment-grade malls, high streets and standalone developments in Jan-June’23 says a report by CBRE South Asia. As per the report, the total leasing during this period stood at 0.70 mn. sq. ft. compared to 0.42 mn. sq. ft. in the corresponding period […]
