“BIG” in India, is a partnership between the International “BIG Shopping Centres” and BIG Mauritius holdings, a SPV in Mauritius wholly owned by Lehman Brothers real estate private equity business. In 1994, Yehuda Naftali, a pioneer in introducing the “Power Centre / Open Mall “ concept in Israel, founded the first BIG Shopping Centre in Israel – BIG’s Retail space portfolio in Israel extends to about 2 million Sq ft…. with an additional 2 million Sq ft under development. BIG plans to roll-out about 60 centres in India within 10 years, initially starting from Thane, Bangalore, Vadodara, Bhopal, Indore, Nagpur and Pune, covering retail space offerings of about 24 million sq.ft.
All Retailers today face the challenge of providing more innovative, focused, convenient and larger Retail formats to enhance Consumer shopping experience and Retail spend. BIG India Malls has recognized this opportunity and come up with the unique “Open Mall” Retailing platform concept. Each “Open Mall” will have the following key features:
Good visibility, exposure and accessibility.
Maximum two level Retail structure .
Large open parking spaces on surface level and multi level car parking.
Direct access from parking to Retail area.
Good mix of stores to cover all daily needs.
Large stores with large selection and value offerings.
Extensive network of BIG Malls Planned all across the country.
Through a blend of rich International and national experience and expertise, BIG India Malls offers ideal Retail space solutions for today’s serious, value conscious and time poor shoppers. The management of BIG has over 30 years of experience in the business of developing open mall shopping centres and is today the leading open mall shopping centre Developer in the state of Israel.
BIG in Israel was established in 1994 to create a national chain of Shopping Centres in Israel.
Current portfolio of 11 Shopping Centres in operation totaling about 2 million Sq.ft Retail space.
9 more Shopping Centres under development totaling an additional about 2 million Sq.ft Retail space.
9,000 parking spaces
More than 100,000 foot falls per day.
About 2.3 million sq.ft of additional space to develop in current operating centers
BIG’s tenants include leading global and national Retail chains.