Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023; Bullish momentum likely to continue in 2024
1 year, 1 month ago

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023; Bullish momentum likely to continue in 2024

Hindustan Times  

The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across seven Indian cities in 2023 and the momentum is expected to continue in 2024 as well. The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across seven Indian cities in 2023. There has been a 179 per cent annual surge in entertainment segment leasing of retail spaces across 7 Indian cities in 2023 to 0.66 million square feet, from 0.24 million square feet in the previous year, said real estate consultant CBRE. ft, with notable brands like Tridom, PVR, Kids Jungle and Hallucinate securing retail space within the city, said the report.

Bengaluru Delhi Mumbai Indian City Cbre Leasing Segment Pvr Retail Space Retail Spaces Fun City Timezone Entertainment Segment Leasing Notable Brands Entertainment Brands Entertainment Segment Entertainment Experiences  witnesses  retail  space  likely  segment  city  mn  ft  sq  yoy  bullish  growth  entertainment  brands  momentum  continue  leasing

History of this topic

Leasing of retail space in 2025 to surpass levels of 2023, top 7 cities to add 9 million sq ft: JLL
2 months ago

Leasing of retail space in 2025 to surpass levels of 2023, top 7 cities to add 9 million sq ft: JLL

Live Mint  

New Delhi, January 25 : The top 7 Indian cities are set to see the addition of nearly 9 million sq ft of new retail space in 2025, with gross leasing volume expected to surpass 2023's 8.7 million sq ft, according to the commercial real estate and investment management company, JLL India. Despite continued interest from international retailers, domestic retailers …

Demand for logistics, industrial spaces to touch 50-53 million sq ft in 2024: Report
3 months ago

Demand for logistics, industrial spaces to touch 50-53 million sq ft in 2024: Report

Hindustan Times  

Leasing of logistics and industrial spaces is set to reach 50-53 million sq feet in 2024 across eight major cities on sustained demand, according to a report by Cushman & Wakefield on December 24. Leasing of logistics and industrial spaces is set to reach 50-53 million sq feet in 2024 across eight major cities on sustained demand The leasing of …

Retail leasing touches 1.6 mn sq ft in the third quarter of 2024; High street rentals see growth of 15% YoY in Q3 2024
4 months, 3 weeks ago

Retail leasing touches 1.6 mn sq ft in the third quarter of 2024; High street rentals see growth of 15% YoY in Q3 2024

Hindustan Times  

Retail leasing of 1.6 mn sq ft was recorded in the third quarter of 2024 with Hyderabad, Delhi NCR, and Mumbai leading the volume. According to the Cushman & Wakefield Q3-2024 Retail MarketBeat Report, high streets dominated the leasing landscape, accounting for a 68% of the total 1.6 million square feet leased this quarter, with Hyderabad, Delhi-NCR, and Chennai accounting …

Retail leasing expected to be firm in 2024, to touch 6-6.5 mn sq ft by year end; Tier-II markets to attract new brands
11 months, 2 weeks ago

Retail leasing expected to be firm in 2024, to touch 6-6.5 mn sq ft by year end; Tier-II markets to attract new brands

Hindustan Times  

Retail leasing is expected to sustain between 6 to 6.5 mn sq ft in 2024 fueled by leasing activity across malls and high streets with Hyderabad, Bengaluru and Delhi likely to account for maximum share, a report by CBRE titled ‘2024 India Market Outlook’ has said. Retail leasing is expected to sustain between 6 to 6.5 mn sq ft in …

Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice
1 year ago

Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice

Hindustan Times  

Retail stores across high streets remained the top choice for luxury brands in India’s top eight cities in 2023. Also, the highest concentration of the luxury retail sector is in the Delhi-NCR region, which currently boasts nearly 80% of international luxury brands, according to a joint report by CBRE South Asia Pvt. While high streets constituted a 45% share in …

Urban consumption driving growth of retail malls; office segment faces pressure due to global headwinds
1 year, 1 month ago

Urban consumption driving growth of retail malls; office segment faces pressure due to global headwinds

Hindustan Times  

Strong consumption trends are expected to drive the growth for retail mall operators whose rental income is expected to increase by 9-10% YoY in FY2024. ICRA expects the rental income for mall operators to increase by 9-10% YoY growth in FY2024 and a mildly lower 8-9% in FY2025, driven by healthy occupancy levels, growth in trading values and rental escalations. …

Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report
2 years, 5 months ago

Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report

News 18  

The year 2022 is likely to emerge as the best year in terms of office space leasing, with absorption likely to cross 50 million sq ft across the top-6 cities — Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune. While hybrid working continues to be the mainstay, occupiers are not shying away from leasing new large spaces,” Colliers India said in …

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