Browsing Tag

Grade-A malls

2 posts
Indian retail

Main Streets Lead Retail Leasing Growth in Q3 2024; Rentals Surge Amid Tightening Vacancies

Cushman & Wakefield’s Q3 2024 Retail MarketBeat report highlights a strong retail leasing performance, with main streets driving the majority of the 1.6 million square feet leased across top cities. Rental rates surged in high-demand areas like Delhi NCR, Bengaluru, and Chennai, while tightening vacancies in Grade-A malls point to increasing demand for premium retail space.
Indian retail

India’s Retail Sector Poised for Expansion: 55 Million Square Feet of Grade-A Malls Needed by 2027

India’s retail industry is on the brink of a major transformation, with a report from Cushman & Wakefield estimating a need for 55 million square feet of Grade-A mall space by 2027. This demand is driven by rising consumer spending and an influx of international brands entering the market. Despite these opportunities, the pace of retail development has lagged, highlighting an urgent need for quality retail spaces to capitalize on the sector’s potential.