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India’s Retail Sector Faces Demand For 55 Million Sq. Ft. Of Premium Space: Report

Demand for retail space in India is driven by increased discretionary spending, shifting consumer preferences, rising confidence and international retailer interest A recent report by Cushman & Wakefield, titled ‘Resurgent Retail: Powered by Rising Retail Consumption’, unveiled at MAPIC India 2024, highlights an urgent need for the expansion of premium retail spaces. It estimates that […]

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Malls Drive Retail Leasing, 30% Of Absorption From New Shopping Centers

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, […]

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