Page 5 - Malls

Mall developers, investors look to double retail spaces in next two years

Mall developers such as Prestige and VRSA are developing malls as not just malls but experience centres for shoppers

DLF reworking strategy to raise food & beverages share to 18-20%

Gurgaon-based luxury malls developer, DLF is planning to focus more on food and beverages and allocate around 20 per cent of space to the dining options across its project offerings, a senior company official said. DLF, which has malls across Delhi, Noida, Gurgaon and Chandigarh, has been allotting nearly 12 per cent of the total space to F&B. "We realised that we need to change our offerings to cater to the millennials who are looking for experiences. If we don't give them that, then retail will also witness slowdown as the footfalls will reduce," DLF Shopping Malls Executive Director and Head Pushpa Bector told PTI on the sidelines of the mapic India IRF. She further said that the company is reworking on its strategies to increase the share of F&B to 18-20 per cent. "From the current set up of 12 per cent, we can easily ramp it up to up to 20 per cent. However, we will not be able to increase it to 30 per cent across our mall offerings, but we are doing it in ..

In real estate, malls catch the fancy of private equity players

This is also because retail, especially malls as a sector, have emerged one of the most favoured asset classes for institutional investors in recent times

Statspeak: Malls reinventing to cater to changing consumer expectations

Interestingly, 52% of consumers are willing to spend more for an engaging experience

Mantra to revive ghost malls: New brands, right product mix are key

Malls also need to transform into community spaces and become prominent 'shoppertainment' locations to draw footfall

Despite online shopping boom, 85 malls likely to come up in 5 yrs: Anarock

E-commerce has had an effect on mall business as online portals offer deep discount

CPPIB, Blackstone, other investors bet on malls for better yields

CPPIB's investment could be continuation of the trend the country had seen last year

2018 set to witness highest supply of malls in 6 years, says study

Mall supply in the next three years (2018-2020) is expected to be at 19.4 million square feet

Footfall up 50%: Santa gets bells ringing for malls, retailers

DLF's Mall of India in Noida saw 220,000 people walking in over the weekend

Malls are back in fashion, 7.9 mn sq ft new space to be added this year

Developers such as Oberoi Realty, Phoenix Mills, Lodha group, among others, are looking to build new malls or acquire existing ones

Malls go all out to lure fashion brands

In the wake of 2 yrs of low footfall, malls offer longer rent-free periods, long leases & capex on fit-outs