Kochi cements Tier-II retail crown: 42,000 sq ft leased in Q1 2026, mall vacancy at 4.5%
Cushman & Wakefield data shows Kochi's retail leasing skewed heavily to main streets (96%), with department stores (58%) and fashion (39%) leading category mix. Domestic brands captured 77% of leasing versus 23% international, while Grade A+ mall vacancy held tight at 3-4%, underscoring landlord pricing power.
Kochi's retail market leased 42,000 sq ft in Q1 2026, dominated by main streets (96%) and department stores (58%). Mall vacancy stayed low at 4.5%, with domestic brands taking 77% share, signalling Kochi's rise as a Tier-II retail hub.