Tag: retail

Revenue from retail assets (malls) of DLF Ltd is expected to rise 19-20 per cent on year in FY24, driven by higher consumption, more footfall at malls, and higher lease rental charges. “Lease rents have gone up 30 per cent above pre-Covid levels,” Pushpa Bector, Senior Executive Director and Business Head, DLF Retail, told businessline on the sidelines of the 19th edition of MAPIC India, a retail industry summit. The company, which currently has around 4.5 million square feet (msf) of retail portfolio, has malls under construction, which...