Ikea To Open First Pune Store At Phoenix Marketcity
Ikea is set to open its first Pune store at Phoenix Marketcity, leasing 37,000 sq ft in Viman Nagar to expand its India retail footprint.
Ikea is set to open its first Pune store at Phoenix Marketcity, leasing 37,000 sq ft in Viman Nagar to expand its India retail footprint.
India’s retail leasing market is expected to reach between 6 – 6.5 million square feet in 2024, driven mainly by primary leasing activities while foreign luxury retailers are also entering India, according to a recent report. Highlighting the stable supply environment in the retail sector, the 2024 India Market Outlook by CBRE South Asia, underscores […]
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 […]