Shikha Verma's Contact Details

Shikha Verma's Company Details

Wisemen Retail Private Limited

Gurgaon, Haryana, India • 8 Employees
Real Estate

Wisemen Retail offers retailers and landlords / developers a comprehensive range of services covering Retail Advisory, Transaction Management (Retail Leasing), Fit Outs & Facility Management. Wisemen Retail was founded in December, 2020 in the middle of the ongoing pandemic to help Mall owners. landlords and retail brands navigate the changing retail landscape. The changing retail landscape has thrown up both challenges and opportunities. High streets have regained their importance with retailers as consumers prefer to shop at High Streets and Online Shopping platforms, both considered to be safer retail environments and represent a great opportunity for fresh leasing businessFootfalls at Malls are under pressure because of competition from a resurgent High Street and Online shopping platforms. Key footfalls drivers like Multiplexes and Gaming Zones are taking longer than expected to recover to pre covid levels. Faced with falling footfalls, rental yields are under pressure as retailers re negotiate current lease terms and occupancy costs. Faced with this challenge Malls are looking to resize and lease vacant retail space to non-traditional categories like co working spaces, fulfillment centers, cloud kitchens and new entertainment options. Smart Digital Marketing, clever use of Social Media handles and enhancement of the "shopping experience" on the ground with events and special offers will require significant investments to attract declining footfalls going forward. Given the experience and knowledge of the team at Wisemen Retail, we are well placed to help landlords and retail brands to align their objectives and aspirations and profit from the changing retail landscape. Vision: To be VALUED as an ETHICAL & TRUE PARTNER to enhance the VALUATION of the property (Landlord) and OPTIWIZE the retailers ROI (Tenant)