Cushman & Wakefield: India Q3 retail leasing slips 7.3% QoQ to 2.22 MSF
Bitget2026/10/01 11:09- Cushman & Wakefield reported India retail gross leasing of 2.22 million square feet in Q3 2026, down 7.3% QoQ, down 4.4% YoY.
- Year-to-date leasing reached 6.57 million square feet, up 0.4% YoY, despite three straight quarters without new Grade A mall supply.
- Main streets took 67.9% of leasing at 1.51 million square feet; mall leasing fell to 0.71 million square feet amid constrained availability.
- Grade A mall vacancy tightened to 4.8% from 5.0% QoQ, signaling limited space across key markets.
- About 12.7 million square feet of Grade A mall supply is expected through 2028, including 1.35 million square feet projected for 2026.
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