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VEGA CITY MALL
For mall outlets, summer's time for some cool businessMalls and retail outlets are seeing a surge in customers. Heatwaves and school holidays are keeping people indoors. Restaurants, fashion, a...- Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...
- Rain wreaks havoc in Bengaluru, kills 10Bengaluru experienced devastating rains and hailstorms on Wednesday evening, resulting in 10 fatalities. Uprooted trees, flooded roads, and...
- Delhi set for largest retail space additionDelhi is set to experience a significant retail boom. Four new malls will become operational soon, adding over one million square feet of s...
- Nexus Select Trust Q4 Results: Net operating income rises 7% YoY to Rs 446.9 croreNexus Select Trust posted a 7% YoY rise in Q4 NOI to Rs 446.9 crore, with 97.2% occupancy and Rs 2,900 crore in tenant sales. Strategic acq...
- Nexus Select Trust to acquire Ludhiana mall, hotel for Rs 490 croreNexus Select Mall Management's board has approved the acquisition of MBD Neopolis mall and Radisson Blu Hotel MBD in Ludhiana for Rs 490 cr...
- Blackstone-backed Nexus Select acquires Vega City mall in Bengaluru for 913 crNexus Select Trust, a Blackstone Group-backed retail-focused REIT, has acquired the Vega City mall in Bengaluru for Rs 913 crore, boosting ...
- Nexus Select Trust Q2 Results: Net operating income up 5% YoY to Rs 371 croreNexus Select Trust reported a 5% YoY growth in retail net operating income to Rs 371.3 crore for Q2 FY25. Tenant sales reached Rs 3,000 cro...
- Vegas Mall in Delhi saw max average footfall during April-June among top 25 shopping malls, says reportGeoIQ's report reveals that Vegas Mall in Delhi saw the highest average daily footfall during April-June, followed by V3S East Centre Mall ...
- Cobblers & dry-cleaners available: Malls now charm you with taking the burden of weekly choresMall operators rope in tailors, cobblers, offer pet grooming and car washing, to enable visitors spend more time while these tasks are take...
- Malls reopen: After two-month lockdown, fear of virus keeps footfalls at 5-10% of pre-Covid levels“We had a very tepid response over the weekend,” said Dhruv Bogra, CEO of Australia-based Forever New fashion retailer whose half of the fo...
- Malls open doors to omni-channel retailing to stay relevantMalls have come a long way in barely years after squabbling with fashion brands over maintaining parity of products and prices in physical ...
- Prominent malls to become facilitators of omni-channel retailing“All the eight new malls that we are building will have dedicated captive fulfilment centres,” said Suresh Singaravelu, executive director ...
- Malls reports 30% footfall, shorter stay time of customersIn a webinar by the Shopping Centres Association of India (SCAI), mall operators said over 400 malls that are operational at the moment and...
- RIL retail arms hand exit notice to Nexus MallsThe ongoing tussle between malls and retailers about rentals during the lockdown period has now pitted India’s largest retailer by revenue ...
- Covid-19 impact: Restaurants also want share of the relief pie“We aren’t trying to profiteer at the expense of landlords. As longstanding business partners, we are hopeful that landlords will extend th...
- Covid-19 outbreak: Malls, restaurants continue to battle lonelinessConsumption fell 15-25% over last two weeks, with people cutting back on eating out and shopping.
- Other than renovation and innovation, how shopping malls can have a longer shelf lifeFrom roping in retailers such as Decathlon to re-configuring brands malls are forging deals to survive and some have even repositioned them...
- Bullish brands drive up retail space demand in eastSeveral brands making like Home Stop, H&M, Zara, Starbucks, Smash, Burger King, Forever 21, Aero Postale, LV , Hugo Boss and Super Dry made...
- PVR launches 9-screen multiplex, largest Gold Class and IMAX in WhitefieldPVR announced the opening of a 9-screen multiplex at VR Mall in Whitefield on Monday. The tally of the city's largest multiplex now stands ...
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