Tag: warehousing
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India’s industrial and warehousing sector soars in Q1 2023: Report
India’s industrial and warehousing sector reported a sturdy absorption of practically 11 million sq. ft, with tier-I cities driving 77% of the demand, in accordance with worldwide actual property advisory agency Savills India. The interval noticed a contemporary provide of 12.4 million sq ft, of which tier-I cities contributed 74%. The market is experiencing a…
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Industrial, logistics sector leasing up 26% in Jan-Mar: Report
New Delhi: Industrial & Logistics (I&L) sector leasing grew 26% year-on-year (YoY) to eight million sq. ft (msf) in January-March 2023, whereas provide rose 28% YoY to 7.6 mn sq ft, in keeping with a report by CBRE. Throughout the January-March quarter, Delhi-NCR drove demand, with leasing exercise at 1.7 mn sq ft, adopted by…