India Industrial and Logistics MarketView H2 2019
13 feb. 2020
Industrial and Logistics (I&L) leasing touched a historic high of 33 million sq.
3PL firms accounted for about half of the leasing activity in 2019, up from 36% in 2018 to 48% in 2019. They were followed by e-commerce players (18%) and retail firms (11%).
Supply addition in 2019 crossed 19 million sq.
Sustained occupier interest towards locating in quality developments resulted in annual rental growth across key micro-markets of NCR, Bangalore, Chennai, Hyderabad, Kolkata and Ahmedabad.
Leasing and supply are expected to cross 30 million sq.