Delhi NCR Warehousing Stock To Surpass 120 mn Sq Ft

09 Mar 2026 CW Team

In Sydney, under construction warehouse space is projected to reach one point four mn square metres (sqm) over the next 12 months, with a healthy level of precommitment recorded at 58 per cent. The elevated precommitment rate has absorbed a substantial portion of supply before practical completion and has helped to moderate vacancy upward pressure. Market participants say that such pre letting activity has provided confidence to lenders and equity providers and has supported the viability of new speculative schemes.

Greater Jakarta logistics stock topped three point one mn square metres (sqm) in 2025, with net absorption reported at 489,500 sqm for the year, a record annual take up. Occupiers sought modern warehouse space to improve distribution efficiency, sustaining demand across the market. Developers responded by accelerating delivery of ready-built and custom build facilities while logistics service providers expanded capacity to handle higher throughput.

The combined supply increases across Delhi NCR, Sydney and Jakarta point to a dynamic and expanding logistics landscape in the region, with capital and construction activity broadly aligned to occupier requirements. Observers will monitor leasing velocity and rental movement closely as new completions come to market to assess whether demand keeps pace with additions. In the near term, precommitment levels and absorption rates are likely to be key indicators for investors, developers and policy makers considering future infrastructure and planning decisions.

Market data shows that Delhi National Capital Region warehousing stock is set to surpass 120 million (mn) square feet (sq ft) this year, representing a significant expansion in industrial real estate capacity. This increase follows a steady stream of project completions and a pipeline of schemes entering construction. Industry observers note that developers have continued to deliver large format facilities to serve regional distribution needs while investors have maintained interest in logistics assets as a strategic allocation. In Sydney, under construction warehouse space is projected to reach one point four mn square metres (sqm) over the next 12 months, with a healthy level of precommitment recorded at 58 per cent. The elevated precommitment rate has absorbed a substantial portion of supply before practical completion and has helped to moderate vacancy upward pressure. Market participants say that such pre letting activity has provided confidence to lenders and equity providers and has supported the viability of new speculative schemes. Greater Jakarta logistics stock topped three point one mn square metres (sqm) in 2025, with net absorption reported at 489,500 sqm for the year, a record annual take up. Occupiers sought modern warehouse space to improve distribution efficiency, sustaining demand across the market. Developers responded by accelerating delivery of ready-built and custom build facilities while logistics service providers expanded capacity to handle higher throughput. The combined supply increases across Delhi NCR, Sydney and Jakarta point to a dynamic and expanding logistics landscape in the region, with capital and construction activity broadly aligned to occupier requirements. Observers will monitor leasing velocity and rental movement closely as new completions come to market to assess whether demand keeps pace with additions. In the near term, precommitment levels and absorption rates are likely to be key indicators for investors, developers and policy makers considering future infrastructure and planning decisions.

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