Jones Lang Lasalle

Dr. Megan Walters

Real Value In A Changing World

JLL is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. 

At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. 

JLL has over 50 years of experience in Asia Pacific, with 36,800 employees operating in 95 offices in 16 countries across the region. The firm won the 'World's Best' and 'Best in Asia Pacific' International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year by Real Capital Analytics. 

Thematic (Sector/Industry)

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/064/331/original/Blog_13Sep2018.JPG?1537346134" class="editor-image img-responsive" data-smartkarma-image-id="64331"></figure>By <a href="http://www.jllapsites.com/research/author/jitesh-karlekar/" target="_blank">Jitesh Karlekar</a> / <a href="http://www.jllapsites.com/research/sectors/retail/" target="_blank">Retail</a> / <a href="http://www.jllapsites.com/research/geographies/india/" target="_blank">India</a>The Indian retail industry will see substantial addition of 34 mn sq ft retail space during 2018-22, with 62% being superior grade space. The industry is witnessing an evolution towards seamless integration of brick-and-mortar and online retail- the omni-channel retailing. Omni-channel retailing is here to stay with its reach and scope of offerings increasing over the coming years. We are observing a perceptible shift towards experiential shopping and mall developers are striving to enhance customer experience by focussing on design, layout and ambience. Retailers are also adding novelty factor taking into account the local customs and traditional art, festivals, sporting events etc. Upcoming malls are expected to allocate more than 30-35% vis-à-vis existing 15-20% space for F&amp;B, new-era entertainment and leisure activities.

By Jitesh Karlekar / Retail / IndiaThe Indian retail industry will see substantial addition of 34 mn sq ft retail space during 2018-22, with 62% being superior grade space. The industry is witnessing an evolution towards seamless integration of brick-and-mortar and online retail- the omni-channel retailing. Omni-channel retailing is here to stay with its reach and scope of offerings increasing over the coming years. We are observing a perceptible shift towards experiential shopping and mall developers are striving to enhance customer experience by focussing on design, layout and ambience. Retailers are also adding novelty factor taking into account the local customs and traditional art, festivals, sporting events etc. Upcoming malls are expected to allocate more than 30-35% vis-à-vis existing 15-20% space for F&amp;B, new-era entertainment and leisure activities.

Indian Retail – a New Growth Story Begins