 "phoenix, mall, palladium")
Joint ventures with global pension and sovereign funds in tow, mall developer Phoenix Mills is looking to double its portfolio of retail properties by FY26. And, it wants to add one million square feet each year, post FY26, said its Chairman Atul Ruia, in the annual report.
Currently, it has 6.9 million (mn) sq. ft of malls in cities such as Mumbai, Pune, and Bengaluru, among others. Blackstone-owned Nexus Malls is the biggest mall owner in the country after it acquired malls from Prestige Estates last year. It has a portfolio of 9.5 mn sq. ft.
“We raised Rs 3,000 crore in
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