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Aditya Birla Fashion and Retail Limited Aditya Birla Fashion and Retail Limited

Aditya Birla Fashion and Retail Limited

Kula Sekhar • 17/06/2021
Client Aditya Birla Fashion and Retail Ltd (Pantaloons)
Location Kompally, Hyderabad
Client Type Apparel/ Fashion
Area Transacted 22,000 SF
Broker name Kula Sekhar Reddy
Designation Associate Director
Location Hyderabad
Existing Relationship No

 

About the client

Aditya Birla Fashion and Retail Limited (ABFRL) is an Indian fashion retail company headquartered in Mumbai. ABFRL has a network of 3031+ stores with a presence across approximately 25,000 multi-brand outlets with 6,500+ point of sales in department stores across India. ABFRL was previously known as Pantaloons Fashion & Retail Limited prior to its acquisition by the Aditya Birla Group.

Transaction Details

Aditya Birla Fashion and Retail Limited (ABFRL) was looking for space at a prime catchment in Kompally, Hyderabad. Cushman & Wakefield Retail team helped identify a built-to-suit option to meet the client's requirement, with fully installed services like façade, high side and low side AC, and fire safety units to open one of the biggest Pantaloon stores in Hyderabad.

The proposed option was more competitive in terms of size, catchment, rentals and services when compared to the other available options. The team also suggested step up rentals which would benefit the client to establish their presence till the market stabilises.