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Increasing PE Focus on Retail: Funds diversifying India investment portfolios

After a few years of reduced focus on retail real estate largely due to the limited supply across India, private equity (PE) players are again focusing on these assets with over US $724 mn invested in 2017 (through September)...

Virtuous Retail South Asia acquires North Country Mall for Rs 700 crore

Developer-operator of lifestyle shopping malls Virtuous Retail South Asia (VRSA) said it has acquired 2 million sq.ft. North Country Mall in Punjab from Sun Apollo-Gumberg for Rs 700 crore. With this acquisition, VRSA establishes its presence in North India, adding...

H&M opens first flagship store in Punjab

H&M, Hennes and Mauritz AB, the International fashion retailer known for fashion and quality at the best price in a sustainable way opened doors to its first store in the tricity area of Punjab at the North Country Mall,...

H&M to launch 27,000 sq. ft. store in Mohali

Swedish fashion retail giant, H&M, has had a fairly successful run in India since it launched its first store in Delhi last year. The business has been steady, and the merchandise affordable, and hence the expansion plans are flowing. The fashion...
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Zara debuts at Ahmedabad

The store spread over an area of 27,000 sq. ft. at Palladium Ahmedabad is Zara’s second store in GujaratNew...
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