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Wednesday, February 07, 2007
Indian retailers most agressive in Asia when it comes to real estate
According to a study by Jones Lang LaSalle, retailers in India are Asia's most aggressive when it comes to expanding their business. The preferable means of expansion is increasing number of stores in a city and expanding to other regions. The third annual Jones Lang LaSalle Retailer Sentiment Survey-Asia, was conducted in three sub-regions of Asia: India, Greater China and South East Asia, where it found that 45% of Indian retailers were rapidly expanding, followed by 27% of retailers expanding in Greater China, while South East Asia followed at 6%.
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