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Retail leasing witnesses a hike of 24% YoY in first half of 2023

The first six months of 2023 witnessed total leasing stood at 2.87 mn sq. ft. compared to 2.31 mn sq. ft. Bengaluru, Delhi-NCR, and Ahmedabad collectively accounted for 65% of the total share of leasingMumbai: Retail leasing witnessed a...

Starbucks opens outlet in Vapi

Spread across 1,550 sq. ft, the Starbucks outlet is located at Galaxy High Street shopping complexMumbai: Starbucks, a US-based global coffeehouse chain, opened its first store in Vapi, Gujarat, Arete Group, the developer of the brand announced in a...

Pacific Group announces the opening of The Mall of Faridabad

Located in the vicinity of NIT Faridabad, the mall will be spread across 3.8lakh sq. ft. and will offer a collection of premium retail brands, fine-dining restaurants, state-of-the-art cinema, and family entertainment centre Mumbai: Real estate company, Pacific Group is...

REITs have strong potential in India: Experts

REITs are companies that own and operate income-producing real estate, and their shares are traded on stock exchangesKolkata: The real estate investment trusts (REITs) in India will continue to have "huge potential" in the future as these may expand...

Abhishek Bansal of Pacific Group: The only way for a mall to break even sooner is through more trading

Abhishek Bansal, executive director, Pacific Group speaks to Rasul Bailay, group managing editor, IMAGES Group, about challenges mall developers face, achieving a break-even and the post-COVID category play

Saya Group to invest Rs 2,000 cr in 14 lakh sq ft-shopping mall in Noida

The height of the 9-floor shopping mall is around 160 sq. ft and Saya Group will keep 70% area in the mall and sell 30% area to investorsNew Delhi: Realty firm Saya Group will invest Rs 2,000 crore to...

Warehousing leasing surges to 51 million sq ft in FY23: Report

Mumbai and Delhi NCR led the market in terms of overall transaction volumes during the year with 9.5 million sq ft and 8.6 million sq ft respectivelyBengaluru: Warehousing leasing edged up to 51.32 million square feet across eight cities...

Group 108 signs MoU to invest Rs 2,000 crore in Noida, Gr Noida

The Group is currently developing a 40 lakh square feet commercial project 'Grandthum' in Greater Noida, with 9 lakh square feet out of the total saleable area earmarked for retailNew Delhi: Realty firm Group 108 on Wednesday said it has proposed to...

Nexus Select Trust REIT IPO subscribed 5.45 times on last day of offer

The portion for non-institutional investors received 6.23 times subscriptions, while the qualified institutional buyers part got subscribed 4.81 timesNew Delhi: The initial public offering (IPO) of Nexus Select Trust, the first REIT backed by rent-yielding retail real estate assets, was...

High Streets Real Estate Outlook – Think India Think Retail 2023, report unveiled at PRC 2023

The report, launched at PRC 2023, is a compilation of some of the best insights and intelligence on 30 key high streets in India spread across 10 metrosNew Delhi: The Images Group in partnership with Knight Frank India unveiled...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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