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  • Prestige Group floats JV with mall operator

    Bangalore-based Prestige Group has partnered a global mall operator to float a 50:50 joint venture company.   Irfan Razack, Chairman and Managing Director, Prestige Group declining to name the company, said, “We recently signed an agreement to float a joint venture company and the partner will be announced shortly after their board ...
    Posted to My Bangalore Blog (Weblog) by 233134 on December 13, 2007
  • Bangalore runs out of retail space, vacancy hits 0.3% record

    The race for retail space in Bangalore is turning chaotic. With rising income levels attracting both local and international retail brands, the city’s overall vacancy rate dropped to a historic low level of 0.3% between April and June, 2007, according to a Jones Lang LaSalle (JLL) report. In contrast, the National Capital Region (NCR), the ...
    Posted to My Bangalore Blog (Weblog) by 233134 on September 15, 2007
  • Bharti Announces Strategic Roadmap for its Indian Retail Venture

    New Delhi, India, February 21, 2007 - Bharti Retail (Pvt.) Limited, a wholly owned subsidiary of Bharti Enterprises, today announced the strategic roadmap for its retail operations in India. As part of its plans to provide a world-class retailing experience to consumers across India, the Company has planned an investment of $ US 2 to 2.5 billion ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 25, 2007