Coworking Cafes – Teapot Tempest or the Next Big Thing?
Rising real estate rentals, diminishing brand loyalty among millennials and rising operating costs in metros have been brewing trouble for innumerable cafes operating across India. Unable to survive the heat, many coffee shops are compelled to shut shop within 18 months into the business.
- 14/01/2020
- 5
Eclipsed Retail Sector Growth in 2019, Leasing Down 35%
Automobile, jewellery, books & music, electronics & hypermarkets see decline in overall leasing. However, F&B, family entertainment centres, cinemas & beauty & wellness saw increased leasing. Brand loyalty diminishes; seasonal shopping on the rise – predominant response is for discounts & sales.
- 10/12/2019
- 2
Retail PropTech - Technology to Drive Future Mall Profitability
Property technology (PropTech) is a new force that’s taking the real estate industry by storm. It is the use of information technology to help individuals and companies research, buy, sell and manage real estate. Just the way FinTech focuses on the use of technology in finance, PropTech uses digital innovation to address the needs of the property industry.
- 03/10/2019
- 2
High Operating Costs Brew Trouble for India's Café Chains
The tragic debacle around CCD's debt-ridden founder may be indicative of a larger malaise:
- 06/08/2019
- 2
India to Get Over 65 Million Square Feet of New Mall Space by the end of 2022
Top 7 cities comprise 72% share while Tier 2 & 3 cities to see 18.2 mn sq. ft. of new supply; MMR, Delhi-NCR, Hyderabad & Bengaluru to see highest supply. Nearly two-thirds of total new supply (40 mn. sq. ft.) to hit the market by 2020. Indian retail sector attracted US$ 1.9 billion PE funds between Q1 2015 to Q1 2019 (over 60% inflows in 2017 & 2018). PropTech disrupting Indian retail space; may soon drive mall leasing apart from design, customer experience.
- 28/06/2019
- 5
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