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As Covid surge hits businesses, malls see rentals plunge
Consultants who help lease these properties say this is the steepest decline at least in a decade. IMAGE: Shoppers undergo thermal screening at a shopping mall in Prayagraj, UP. Photograph: Amar......
It's raining malls in India this year
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.Raghavendra Kamath reports. Between 2018 and 2020 India is expected to see around 20 million......
Why it's wrong to discount Brand Factory's success
Brand Factory clocked in Rs 1,045 crores worth of sales in FY17, accounting for 27 per cent of the total revenues earned by Future Lifestyle Fashions Retail. But what about the future? Even as......
Consolidation of Indian retail on Biyani's radar
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu’s family-owned Heritage Foods Future group founder and chief......
Malls go all out to lure fashion brands
In the wake of 2 years of low footfall, malls offer longer rent-free periods, long leases & capex on fit-outs To drive footfalls and attract brand value, mall developers across the country......
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