As slowdown bites, malls suffer high mortality rate

120 new malls came up in last two years, but 30-40 of their older peers downed shutters India saw 120 new malls in each of the past two years, but that’s just one side of the story. In the......

Swine flu: Mumbai malls see biz dropping upto 50%

After Pune, the swine flu scare is affecting footfalls and sales in malls and retail stores in Mumbai. Sales in these places have fallen by up to half in the past two days. Though malls and......

Retail rent dips 40%, realtors work overtime

Rentals for retailers have dropped by as much as 40 per cent in key cities across the country even as mall owners are devising alternative survival strategies to beat the slowdown. Worse, rentals......

Canada's Ivanhoe eyes investments in malls, retail

After setting up its real estate arm SITQ a couple of months ago, Canadian fund manager Caisse de depot et placement du Quebec is starting operations of its mall management and investment arm......