You Searched for: retail expansion
Nexus Select Trust, a major REIT, is in talks to buy Chennai's Marina Mall, which has about 600,000 square feet of retail space. Direct sources said Nexus Select Trust's growth plan included this substantial move.
- 25th May 2024
- 1273 Views
PNB Housing Finance aims to raise its loan portfolio by 17% in FY25, the biggest expansion since 2019. A strong capital position has allowed the firm to concentrate on retail lending, which currently accounts for 97% of its operations, including affordable housing.
- 5th May 2024
- 1258 Views
Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.
- 14th Feb 2024
- 1292 Views
Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.
- 2nd Feb 2024
- 1411 Views
Nestasia officially launches its first Bangalore shop. Nestasia's second brick-and-mortar shop in India, this 680 sq. ft. boutique in Bellandur, is a milestone.
- 5th Dec 2023
- 1385 Views
IBO, a business that builds and restores houses, opened its first store in Hyderabad, Telangana. The expansion supports the brand's goal of offering customers a value-priced omni-channel house building retail and home innovation experience.
- 19th Dec 2022
- 1917 Views