Anarock Retail has forged a strategic partnership with international retail design and delivery specialist Vindico to offer comprehensive services to ensure the success of retail stores in the post-pandemic world. Innovations in construction and project delivery will play a major role in this highly disrupted industry.
“The Anarock-Vindico partnership will deliver scientific, success-oriented design solutions coupled with proven leasing and tenant representation services. Mall developers and retailers will benefit from the 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,” Anuj Kejriwal, MD & CEO, Anarock Retail said in a press release.
According to Kejriwal, these end-to-end services lay the ground for success in a retail landscape significantly transformed by the Covid-19 pandemic. With a typical contract lifecycle of 1.5 years, the new design services bouquet sits atop the “cutting-edge” tenant coordination solutions. The combined services will include brands and location evaluation, cost estimation and architectural design reviews.
Richard Kim, CEO & MD, Vindico said, “We are extremely enthusiastic about this collaboration, which is most aptly timed for India’s organised retail industry. 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 in malls which will deploy in the next 1-2 years, for which Vindico and Anarock Retail will ensure successful launches and brand integrations. This 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.”
Vindico, Kim informed, has provided 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. “We look forward to deploying our combined capabilities across India, which is one of the most exciting retail markets in the world. 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.”
Anarock Retail, Kejriwal says, has managed and executed over 3300 retail transactions in over 55 Indian cities, “successfully” closing leasing deals for the biggest international and domestic retail brands in India. “Anarock Retail has been consistently delivering optimal results for leading retailers and mall owners in India and internationally.
“Merging specialised retail deployment capabilities and best-in-class leasing, transaction and management expertise, this partnership will be a gamechanger for Indian retail. In India’s pandemic-rebooted retail industry, mall and store designs are now critical from the perspective of social distancing and ‘touchless’ retail imperatives. In an industry wherein COVID-19 has rendered most previous design templates redundant, this partnership delivers both the know-how and implementation of extremely effective space configurations, and design elements to overcome concerns and ensure footfall and conversions.”