The ongoing deceleration in global economic activity is expected to slacken demand for office space this fiscal. New leasing activity will remain below the pre-pandemic high in the near term. The weakness in the IT/ITeS sector, a major lessor, will bite, even as India maintains its low-cost centre edge. Other sectors will offer some support, though.
Retail malls present a bright spot. Footfalls in malls have returned and per capita spending is on the rise. Retail sales have rebounded across categories, with double-digit growth in multiple segments. This has improved occupancy and rental rates. The healthy operating performance of mall operators has attracted investor interest, and the sector boasts a strong pipeline of new assets.
In this milieu, CRISIL Ratings is organising a webinar where our experts will speak on:
Demand trends and drivers in the gold jewellery sector
Outlook on the revenue and profitability of CRISIL Ratings rated gold jewellery retailers
Store expansion & capital spend trends, and credit outlook
The webinar will be followed by a panel discussion with industry experts, and a Q&A session.
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
