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NEWS

28
Jul
2017

Warehouse space leasing hits 7.3 million sq ft in Jan-Jun period: Report

The leasing witnessed a 50% increase from the July to December period of last year Warehouse and industrial space leasing across key cities in India touched around 7.3 million sq ft in the January to June period this year on the implementation of the goods and services tax (GST), according to a report by CBRE. The leasing witnessed a 50% increase from the July to December period of last year. Bengaluru led the warhousing demand, accounting for 24% of the total leasing in the first half of 2017, followed by Delhi NCR comprising for 21% of the total leasing, according to the report.
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