Expansion to capture retail market
Vindico from the United Arab Emirates is set to use its experience in India from its track record of providing retail design and delivery solutions to major retail players in Europe, the Middle East and North America.
“Expansion in India is a logical next step for Vindico,” CEO and MD Richard Kim said announcing his group’s partnership with Mumbai-based Anarock Retails.
“We look forward to deploying our combined capabilities across India, which is one of the most exciting retail markets in the world,” said Kim.
Vindico counts the likes of Westfield, Heathrow Airport and Aldar Properties, as well as Reliance Industries and LuLu International in India among its clients for retail design and construction services.
“We are extremely enthusiastic about this collaboration, which is most aptly timed for India’s organized retail industry,” said Kim.
“On the canvas of a uniquely rebooted post-COVID-19 landscape, we will design for success while meeting both mall owners’ requirements and tenants’ expectations.
“Our radar is trained on malls which will deploy in the next 1-2 years, for which Vindico and Anarock Retail will ensure successful launches and brand integrations,” he said.
The partnership is a powerful combination of experience, relationships and highly effective design capabilities that will usher in the shopping centres, branded stores, restaurants/cafes and airport retail spaces of tomorrow.
“The Anarock-Vindico partnership will deliver scientific, success-oriented design solutions coupled with proven leasing and tenant representation services,” added Anuj Kejriwal, MD & CEO of Anarock.
“Mall developers and retailers will benefit from cutting-edge architecture and store design that specifically address the new compulsions and realities of a post-COVID-19 retail market. Simultaneously, our mall and store designs will fully reflect combined and individual brand values,” he said.
Launch in 2002, Vindico has worked with the world’s leading retail real estate developers to coordinate the deals, spaces and tenants that come together to open industry-defining airport and shopping centre developments.
Vindico’s innovative approach to giving developers opening day certainty is based on a move away from traditional, resource-heavy consulting to tackle the volatility, complexity, and dependency of today’s retail development with agile, risk-aligned project solutions.
Anarock Retail has managed and executed 3,300+ retail transactions across 55+ Indian cities, successfully closing leasing deals for the biggest international and domestic retail brands in India. fiinews.com
