Retail Space Leasing

Coworking firms scale up, tapping demand for bespoke office solutions

Customised, personalised solutions enable cos to command premium versus standard rentals/leases

Retail space leasing in malls, high street up 45% in Jul-Sep: Report

Leasing of retail spaces in shopping malls and prominent high streets rose 45 per cent in July-September across eight major cities on better demand for retailers and fresh supply, according to Cushman & Wakefield. Real estate consultant Cushman & Wakefield on Wednesday released the 'Retail Marketbeat Report, which showed that the gross leasing volume (GLV) increased to 2.41 million square feet across the top 8 cities during the July-September quarter against 1.66 million square feet in the year-ago period. "India's retail sector continues its growth trajectory, driven by evolving consumer preferences and growing demand for quality retail spaces," said Gautam Saraf, Executive Managing Director - Mumbai & New Business at Cushman & Wakefield. As per the data, leasing of retail spaces in Mumbai more than doubled to 0.59 million sq ft from 0.22 million sq ft . Pune too saw 85 per cent growth in leasing to 0.33 million sq ft from 0.18 million sq ft. In Delhi-NCR, leasing ..

Retail leasing up 45% in Q3 2025 led by fashion, F&B and entertainment

India's retail real estate leasing rose 45% YoY to 2.41 msf in Q3 2025, driven by strong occupier demand from fashion, food and beverage, and entertainment categories

India to add 6 mn sq ft of F&B retail space by 2028, says JLL report

India's retail property market is on track for major growth, with new malls and high streets driving 6 mn sq ft of F&B space by 2028, as global and domestic operators expand

Retail space demand in Delhi-NCR jumps 25% in Jan-Jun 2025, shows CBRE data

Leasing of retail spaces in shopping malls and high-streets across Delhi-NCR rose 25 per cent in the January-June period on better demand and higher new supply, according to CBRE. Real estate consultant CBRE data shows that the Delhi-NCR market saw leasing of 5 lakh sq ft retail spaces in January-June as compared to 4 lakh sq ft in the year-ago period. Fashion and apparel segment was a major driver of demand in January-June 2025 with 35 per cent of the share in the total leasing across Delhi-NCR. Homeware and departmental store took 30 per cent of the retail spaces. CBRE data pertains to leasing in investment-grade shopping malls, high streets and standalone developments. Fresh supply of retail spaces in shopping malls only stood at 3 lakh sq ft during the first half of 2025 as compared to zero new supply in the corresponding period of the preceding year. Commenting on the trend, Ankit Sharma, SVP-Leasing at Elan Group, said, "Retail is no longer just about transactions, it is ab

Leasing of retail spaces drops 6% in April-June across 8 cities: C&W

Leasing of retail spaces in shopping malls and high-street fell 6 per cent to 2.24 million square feet during the April-June period across eight major cities, according to Cushman & Wakefield. Leasing of retail spaces stood at 2.39 million square feet in the year-ago period. Shopping malls accounted for 45 per cent of the leasing volume in the April-June quarter at 1.01 million square feet. High streets' share in total leasing activities stood at 55 per cent (1.23 million square feet). Suvishesh Valsan, Head, Research India at Cushman & Wakefield noted that vacancies in premium shopping malls have fallen. "Looking ahead, we remain optimistic. Nearly 4 million square feet of new Grade A supply is expected in the second half of the year, particularly across key metros such as Mumbai, Delhi-NCR, and Hyderabad," he added. Among eight cities, the leasing of retail spaces in Ahmedabad fell 63 per cent to 0.04 million square feet during April-June from 0.11 million sq ft in the ...

Industrial, logistics space leasing up 18% across 24 cities: Savills

Leasing of logistics and industrial spaces rose 18.5 per cent in January-March this year to 160 lakh square feet across 24 cities on better demand, according to Savills India. The leasing of industrial and logistics spaces stood at 135 lakh square feet in the year-ago period across 24 tier I-II-III cities. Real estate consultant Savills India data showed that Tier-I cities accounted for 79 per cent of the leasing activities, while Tier-II and Tier-III cities contributed 21 per cent. Tier- I cities include Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Delhi-NCR, and Pune. Tier- II and Tier-III cities include Guwahati, Bhubaneshwar, Patna, Hosur, Coimbatore, Rajpura, Lucknow, Jaipur, Nagpur, Surat, Indore, Kochi, Hubli, Vizag, Belgaum and Anantapur. Savills noted that manufacturing segment accounted for 30 per cent of the total absorption of industrial and logistics spaces in January-March 2025, followed by the 3PL (third-party logistics) players at 26 per cent, retail

Logistics, Industrial spaces demand seen at 50-53 mn sq ft in 2024: Report

Leasing of logistics and industrial (L&I) spaces is estimated at 50-53 million square feet this year across eight major cities on sustained demand, according to Cushman & Wakefield. The leasing of L&I spaces stood at 53.57 million square feet across Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad. Real estate consultant Cushman & Wakefield said that as of October 2024, the leasing volume has already surpassed 41 million square feet across the top-8 real estate markets. "Ever since the Production-Linked Incentive (PLI) scheme was introduced by the government in 2020, the industrial leasing volume witnessed healthy growth. Besides, the strong emergence of retail and e-commerce has led to intense activity in the warehousing space too," the consultant said. For 2025, Cushman & Wakefield foresee the new-normal level of demand to sustain given the widening of the consumption base in India alongside robust industrial

Demand for retail space in malls, high streets up 5% in Jan-Sept: C&W

Leasing of retail space in shopping malls and prominent high streets rose nearly 5 per cent during January-September this year across eight major cities, according to Cushman & Wakefield. Real estate consultant Cushman & Wakefield data showed that the absorption or leasing of retail space in Grade-A malls and main high streets across the top eight cities stood at 5.53 million square feet during January-September 2024 against 5.29 million square feet in the corresponding period of the preceding year. These eight cities are -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Pune and Ahmedabad. Saurabh Shatdal, Managing Director (Capital Markets) and Head-Retail-India, Cushman & Wakefield, said, "India's retail real estate growth remains intact as can be observed from the strong leasing numbers, both in malls and main streets". Increasing discretionary spending and evolving consumer preferences are driving demand for premium retail spaces, he added. Shatdal, ...

Demand for spaces in malls pushed retail leasing to all-time high in 2023

Among the sectors, retail leasing was led by fashion and apparel which accounted for around 32 per cent of the total

New supply of retail space up 72% last year to nearly 6 mn sq ft: Cushman

The new supply of retail space in shopping malls increased 72 per cent last year to 59.48 lakh square feet across eight major cities to meet rising demand from retailers, according to Cushman & Wakefield. In 2023, as many as 11 shopping malls became operational, covering 59,48,395 square feet of space across the top eight cities. In the previous year, nine malls came into eight markets, totalling 34,49,222 square feet area. Hyderabad witnessed the completion of three shopping malls, while Pune and Chennai had two each. One shopping mall each came up in Mumbai Metropolitan Region, Delhi-NCR, Bengaluru and Ahmedabad. No fresh supply was seen in Kolkata. With 59 lakh square feet of mall commencing operations across the top 8 cities in India, Cushman said the year 2023 saw the biggest supply addition in the post-COVID world. In 2019, the same cities witnessed a new supply addition of around 50 lakh square feet of Grade-A and B+ malls. Saurabh Shatdal, Managing Director, Capital ...

Tech continues to lead; diversification shapes demand in real estate sector

By the end of 2023, office leasing space is expected to cross 50 million sq ft according to CBRE's 2023 Real Estate Overview and Outlook

Led by Twamev, Apple, retail leasing in Delhi up 65% between Jan and June

At the end of 2023, retail leasing is expected to touch 5.5-6 million sq ft, the highest level after the 2019 peak of 6.8 million sq ft

Retail leasing rises 114% Y-o-Y, crossed 3.4 mn sq ft in 9 months: Report

Hyderabad, Delhi- NCR, Mumbai, and Bangalore account for 79% of overall retail space absorption

Real estate firm DLF gains traction as a growth-value stock, say brokerages

Both residential and leasing trends point to strong showing in FY23

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

Retail space leasing in malls up 55% at 23 lakh sq ft: Cushman & Wakefield

The supply of space in shopping malls fell by 63% to 19.5 lakh sq ft during the first three quarters of 2017