List of Properties managed by PPZ:
- Pacific, Delhi
- Kumar Pacific, Pune
- Pacific, Dehradun
- R-City, Mumbai
- Celebtration Mall, Amritsar
- BHH, Bengaluru
- lotus, Mangalore
- Destination 18, Vashi – Navi Mumbai
- City capitol, Delhi
- Celebration Bazaar, Mumbai
- Trillium, Amritsar
- Manjeera Mall, Hyderabad
Providing holistic solutions at every stage of development
PPZ believes in a customer-centric approach that delivers tangible results for property owners and developers alike. Brining on board, an objective-led approach built on undersanding consumer behaviour, market dynamics, retailer needs and correlation of components that add value to a retail space. PPZ is attuned to the existing and unique market dynamics in the Indian scenario across various tiers of towns as well as the varied challenges of different retail space sizes. Which is why, PPZ managed properties have been a success in terms of delivering value to the owner and retailer. Besides creating compelling experiences for the end consumer. In comparison to prevalent industry average, PPZ managed malls have been able to deliver significantly higher on retailer rent collections as well as footfalls. This outcome driven approach is the very DNA of PPZ suite of services that are aimed at creating successful retail enterprises.
Mr. Gautam Vaswani is Heads Business Development and Operations at Pioneer Property Zone. Gautam has master’s degree in Marketing with 15 years experience in Business Development across industries. He has previously worked in Infrastructure sector and responsible for business development & execution of multi-million dollar contracts for domestic and International markets.
Pioneer Property Zone was established in the second half of 2004 by ICS Realty (100% owned subsidiary of ICS Group) and Old Mutual Property (100% owned subsidiary of the London Listed insurance firm Old Mutual Plc). In the process of analysing potential investment opportunities in the nascent retail real estate space in India, ICS and OMP identified gaps in skill sets to actually develop shopping centres. This was primarily due to the nascent stage of organized retail. The other glaring gap existed in the actual management of shopping centres once developed. While the Indian market had a number of real estate consulting businesses, most were transaction oriented barring a few in the management space. Identifying this gap, ICS and GMP, set up PPZ with a view to develop capabilities to service international/domestic investors/developers who wanted to develop retail shopping centres in India but needed that special guidance.
Leasing & tenant mix
Leasing is pivotal to maximizing profits and value of any retail property. PPZ is fully equipped to design effective lease programming and marketing strategy for each property, executing strategies and tactics to maximize tenancy and retention at shopping centres. Over the years PPZ has built lasting relationships with various national and international retail brands and hence implement leasing strategies in terms of getting anchor store and other key brands for creating a successful retail space for its clients. With an understanding of the tenanat’s business, objectives, goal-setting and financial considerations, PPZ executes retail relations that are win-win for both the developer as well as the retailer.
Pacific Mall – Delhi
Positioned as a premium retail lifestyle centre, the project caters to the upper middle segment
- Owned: Bansal Corporation Ltd.
- Status: Operational since Jan 2011
- Size (GLA) : 0.32 million sq. ft.