Delhi-NCR retail space leasing jumps 78% to 1.3 million sq ft in H1: C&W

Leasing of retail spaces at shopping malls and high streets in Delhi-NCR increased 78 per cent to 1.3 million sq ft during January-June, driven by expansion by fashion retailers, food & beverage firms and departmental stores, according to Cushman & Wakefield.
Real estate consultant Cushman & Wakefield's data showed that leasing activities were buoyant in shopping malls during the first half of this year.
"Retail leasing in H1-26 totalled 1.3 million sq ft - an increase of 78 per cent year-on-year (Y-o-Y).

Main Street leasing during H1-26 registered 4 per cent y-o-y growth, while mall leasing grew 2 times in the same period," the report said.
The consultant noted that the fashion segment led H1-26 leasing with a 28 per cent share, followed by food and beverage (F&B) (16 per cent) and department store (12 per cent).
The fashion and department store segments have witnessed the highest absolute increase in leasing volume during H1-26 compared to the same period last year, .