India's retail leasing market is expected to reach between 6 - 6.5 million square feet in 2024, driven primarily by primary leasing activities while the foreign luxury retailers are also entering in India said the report 2024 India Market Outlook by CBRE South Asia Pvt. Ltd.
The findings have been revealed by the report titled 'CBRE India Office Figures Q1 2024' by CBRE South Asia Pvt. Ltd. The surge in activity by flexible office space operators shows the evolving dynamics of the Indian office leasing landscape.
The report reveals that high streets emerged as the preferred leasing choice for luxury brands in 2023, showcasing a remarkable over 100 per cent year-on-year growth.
According to a press release, this significant uptick in leasing activity, totaling 0.66 million square feet, underscores the evolving leisure preferences observed in the post-COVID-19 era.
Luxury segment housing in India recorded a 75 per cent year-on-year growth in sales in 2023, according to a report by real estate consulting firm CBRE South Asia.
Tier-II cities in India emerged as new ground for flex office operators, real estate consulting firm CBRE South Asia said in a report. The report highlighted that nearly 26 major flex office operators recorded presence across 10 Tier II cities in 2023.
According to a media release, in 2023, retail leasing reached an all-time high, totalling 7.1 million sq. ft. across eight major cities, marking a 47 per cent year-on-year increase.
Nearly 35 major domestic and international retail brands entered as many as 14 tier-II Indian cities in the first three quarters of 2023, according to a report by CBRE South Asia.
New Delhi [India], November 1: CBRE South Asia Pvt. Ltd., the leading real estate consulting firm in India today, announced the winners of the second edition of India's biggest PropTech challenge, 'DISRUPTECH 2.0', organized in partnership with nasscom startups. Delhi-based Strawcture has em
Delhi-NCR recorded a 65 per cent increase in retail leasing in January-June 2023, real estate consulting firm CBRE South Asia said in a report Thursday.
New Delhi [India], August 2: CBRE South Asia Pvt. Ltd., the leading real estate consulting firm in India, has partnered with nasscom to launch the second edition of the largest proptech challenge in the real estate industry, 'DISRUPTECH 2.0.' The primary objective of this initiative is to hi