Professional Documents
Culture Documents
Retail
The year 2015 saw hardly any quality retail space come in. Apart from that, the two big trends
observed were:
Consolidation of retail real estate by brands and retailers who focused on their profit-making
stores and closed down loss-making ones, and
The entry of institutional investors. Thanks to relaxation of sourcing norms, single-brand retail
companies will find more reason to explore the Indian market and also be able to undertake
e-commerce business independently.
In 2016, more mature investors will come in and buy built-up retail spaces. Once they have the
relevant experience and foothold in India, they will start investing in greenfield assets. However,
2016 will see a continued dearth of quality retail spaces. Retailers will have to revisit their real estate
strategy and have a flexible approach, customised to different micro-markets.