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India is another

India is another market that companies are revisiting. In the past, India was a difficult market for foreign retailers because it placed restrictions on multi brand retail, according to Hoch. Walmart, for example, had to partner with a local entity to open its first cash and carry stores.

In other words, builders and developers are getting at it while the going is still good or cheap. For Burum, that means seeking out opportunities in the region to buy real estate and develop it while it’s still at a decent rate. For the retailers that Burum want to develop for, it’s about finding a footing or establishing footprints in a proven geographic marketplace, he said.

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