8 mn sq ft of mall supply likely to hit the market this year: Cushman & Wakefield report Hindustan Times
Around 8 million square feet of retail supply is expected to hit the market this year. Over a third of the inventory is anticipated to be in superior category malls and nearly half is likely to be in Hyderabad, a new report by Cushman & Wakefield has said. The report further reveals that the vacancy rate of Grade-A malls across many cities especially in Delhi-NCR, Pune and Chennai, witnessed a notable decline in the first quarter.
