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MALL REVENUE
Signature Global commits Rs 1,200-1,500 crore for land acquisitions in FY27Signature Global will spend Rs 1,200-1,500 crore on land acquisitions this fiscal year. This is double its previous spending. The real esta...
Heatwave and holidays drive 15-20% sales surge for mall retailersHeatwaves, school holidays and reduced summer travel are driving more consumers to air-conditioned malls, boosting sales for restaurants, f...
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...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
Shopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what retail commercial property investors should knowRetail rental yields in Delhi NCR and Mumbai's Grade A and A+ malls have seen significant appreciation, with Mumbai recording 15-20% year-o...
Starbucks, try some artisanal starbrightIn the bustling world of coffee culture, a clear divide is emerging between the behemoths of the industry and the charming independents. As...
In India's retail blitz, luxury spaces miss out bigIn the realm of luxury retail, India encounters a considerable void in super luxury mall infrastructure, stifling opportunities for esteeme...
DLF-GIC JV firm's rent income rises 16% to Rs 5,525 cr in FY26 on demand for commercial spacesDCCDL, a joint venture between DLF and GIC, saw its rental income climb 16 percent to Rs 5,525 crore last fiscal. This growth was driven by...
Jewellery brands rapidly expand footprint in leading mallsJewellery stores are now major anchors in Indian malls, occupying nearly 10% of space. This trend is set to continue, reinforcing jewellery...
ASK Curated Luxury Asset Fund I invests Rs 63 crore with Goa-based developerASK Curated Luxury Asset Fund I has invested Rs 63 crore in a luxury villa project in Arpora, North Goa. The project, Ananda Nilaya, will f...
Skechers-retailer Gaurik Fashions files draft papers for IPO with SebiGaurik Fashions has filed draft IPO papers with Sebi to raise funds through a fresh issue of 62 lakh shares and an OFS of 8 lakh shares by ...
Meesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target priceMeesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage hig...
CG Offices to broaden GCC-focused offerings as demand for sustainable workspace growsCG Offices is experiencing rapid growth, doubling its revenue and aiming for Rs 100 crore in two years. Demand for sustainable and high-qua...
Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
Sports startups cash in on India’s everyday athlete economy boomA surge in sports participation is fueling a boom in platforms for everyday athletes. Startups are making it easier to book courts and find...
A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
Mall operators’ revenue reaches 10% above pre-pandemic level: CRISILThe recovery is visible across tenant categories. Grocery, apparel, footwear, cosmetics, electronics, and luxury, which account for 75-80% ...
For India's mall operators, the pandemic pain is only beginningRentals by mall operators are expected to decline by 20-25% in the fourth quarter compared to earlier estimates.
Third wave might shave 10% off mall revenue this fiscal: ReportThe impact of new restrictions on malls for the top-eight cities is expected to last only four-five weeks compared to the median closure of...
Revenue of mall operators set to halve this fiscal due to Covid-19-driven lockdowns: CRISIL“We expect a 50-100% lease waiver for the period of lockdown, followed by a 30-50% concession in rentals in the current quarter and the nex...