Key cities of Ahmedabad, Bengaluru and Delhi-NCR accounted for 65 percent of the total share of leasing.As per a CBRE report, retail leasing witnessed a significant hike of 24 percent year-on-year in the first half of 2023, while the total leasing stood at 2.As brands and retailers navigate their expansion plans which augur well for the leasing activity across Grade-A retail space, strategically located retail spaces attract both domestic and international retailers, which fuel the leasing demand, as per the Brahma Group.Growing consumer base, changing demographics, online and offline convergence, and investments in retail infrastructure factor in for the movement towards growth and development.This is expected to boost primary leasing, which could be seen as a key demand driver for retail space leasing in the current year.
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