| 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.