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Mirae Asset Acquires Grade-A Warehousing Space in India

Mumbai, 5 January 2022 – Mirae Asset Credit Opportunities Fund has announced its outright acquisition of a pre-leased Grade A industrial asset at Bhiwandi, MMR for INR 130 Crs. The industrial property, housed in the 160-acre K-Square Integrated Industrial Park and spreads over 9 acres, has been acquired from Prakhhyat Group. As Mirae Asset Investment Group’s […]

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Advisor Network Economic & Finance Market Overview Real Estate Retail State & Urban

Retail Returns – New Mall Supply to Double to 10.15 Mn sq. ft. in 2022 Pan-India

Total number of 15 new malls to enter the market this year spread across 12 cities in the country; Chennai to see highest supply of 4 new malls this year spread over 2.55 mn sq. ft. Tier 1 cities with new mall supply include Ahmedabad, Chennai, Bangalore, Hyderabad, Mumbai, Pune & Ghaziabad in NCR spanning 7.65 mn sq. ft. […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Approx. 4.5 Mn sq. ft. New Mall Supply to Come Up in 2021 Across Indian Cities

New pan-India retail mall supply to be more than double of 2020 (approx. 2.1 mn sq. ft.) Of the total, at least 1.22 mn sq. ft. new mall supply to come up at Bengaluru & approx. 1.1 mn sq. ft. each in Mumbai & Noida Organized Indian retail market growing at an annual CAGR of […]

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