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PANKAJ RENJHEN
India to have 31 new malls in 2 yrs on strong retail demand: ReportThis year, 15 new malls will enter the market spread across 12 cities and in 2023, another 16 new malls will come up. In terms of area, pro...
Many malls to open in 2022 as retail sector picks up paceAs per the data, about 15 new malls will enter the market in 2022 spread across 12 tier 1, 2 and 3 cities. Chennai will see the highest sup...
Retail rentals bouncing back to pre-Covid levelsRetail rentals had dropped 20-25% on an overall basis in key malls and high streets as the pandemic wreaked havoc on stores and malls over ...
QSRs, mid-sized retail chains plan aggressive growth in smaller marketsTop QSR chains such as Domino’s Pizza, McDonald’s, and KFC besides retail chains such as More are reporting their smaller towns business gr...
Pankaj Renjhen Joins ANAROCK as COO & Jt. MD - ANAROCK RetailBefore joining ANAROCK, Pankaj Renjhen was COO at Virtuous Retail, where he was responsible for operations, leasing, finance & accounts, ma...
Quick service restaurants staging a quicker recovery among organised eatery businessesThanks to spikes in home deliveries and in takeaways, India’s QSR segment that accounts to about 5% of the overall Rs 4.23 lakh crore food ...
Lot of interest from international retailers: Pankaj Renjhen, JLL India"What we are seeing now is surprisingly a very good interest from smaller regional players which are very country centric or a regional cen...
Branded apparel market in India may swell to Rs 250K crore by 2020Japan’s fashion brand Miniso made its India debut in Delhi. Many other Japanese brands, including their top fashion retailer Uniqlo, are pr...
Cost of real estate acquisition might continue to go up: Pankaj Renjhen, JLL IndiaPankaj Renjhen, JLL India says that there are two caveats; competition is likely to increase and continuously the pressure is going to be o...
In a first, supply for retail space falls in the countryWhile 13 malls got completed last year, 15 were withdrawn from the operational stock, resulting in a net 0.3 million sq ft negative impact ...
Bharti Realty setting up leisure hub at Aerocity near Delhi airportWorldmark will have over 16,000 sq ft of eating-out space that will house several restaurants including Cafe Delhi Heights, Imperfecto, Soc...
Bharti Realty to set up leisure hub at AerocityWorldmark will have over 16,000 sq ft of eating-out space that will house several restaurants including Cafe Delhi Heights, Imperfecto, Soc...
Connaught Place to get a new food and fashion zoneThe property is different because it will club fashion lifestyle brands, too, said Manav Deep Singh, director at the Colonnade.
Only 12 shopping malls in Delhi-NCR running successfully: JLLOut of the nearly 100 operational shopping malls in the national capital, barely 12 are running successfully even as the region is the 'mal...
What makes Select CITYWALK a successful mallAccording to Pankaj Renjhen, managing director for retail services at consultancy firm JLL India, every national and international brand wa...
Mall space availability to rise to over 95 mn sq ft in 2015Total mall space availability across seven top cities is expected to increase by almost 26 per cent to 95.7 million square feet by 2015, a ...
Small cities emerging as new retail destinations: JLLDomestic and international retailers are exploring opportunities in small towns for expansion, as the metros become unaffordable.
IKEA's challenge will be land acquisition for stores: ExpertsLand acquisition will be a major hurdle for IKEA to set up its stores in India and it may have to even depend on public auction by govt.
- FDI: Hypermarket chains Wal-Mart, Tesco and Carrefour biggest beneficiaries of FDI in retail
The biggest beneficiaries of FDI in retail are the hypermarket chains like Wal-Mart, Tesco and Carrefour, as they already have a toehold in...
- With housing sales dropping, brokers eye rental market
With property sales plummeting by around 50 per cent, real estate brokers have begun looking at the rental market to stay afloat.