+
Leasing in logistics and industrial sectors fell by 9% YoY
WAREHOUSING & LOGISTICS

Leasing in logistics and industrial sectors fell by 9% YoY

According to a research by CBRE, leasing in India's industrial and logistical sectors totalled 12.8 million sq ft, a decrease of around 9% YoY during the first half of 2022.

Due to a slowdown in supply addition, the space take-up decreased by 17 per cent on a half-yearly basis from the 15 million sq ft recorded in H2 2021.

The report did note that leasing activity will increase as more land would be acquired and more construction would be completed in the second half of 2022.

Leasing activity was driven by Delhi-NCR, Mumbai, and Bengaluru, which accounted for more than half of the total space taken up. With a share of 46% in total transaction activity during H1 2022—an increase of 10 per cent YoY—3PL players continued to dominate the leasing industry.

Also read:
Bombay HC orders demolition of 48 high rise buildings
IIFL Home Finance to double its affordable housing business


According to a research by CBRE, leasing in India's industrial and logistical sectors totalled 12.8 million sq ft, a decrease of around 9% YoY during the first half of 2022. Due to a slowdown in supply addition, the space take-up decreased by 17 per cent on a half-yearly basis from the 15 million sq ft recorded in H2 2021. The report did note that leasing activity will increase as more land would be acquired and more construction would be completed in the second half of 2022. Leasing activity was driven by Delhi-NCR, Mumbai, and Bengaluru, which accounted for more than half of the total space taken up. With a share of 46% in total transaction activity during H1 2022—an increase of 10 per cent YoY—3PL players continued to dominate the leasing industry. Also read: Bombay HC orders demolition of 48 high rise buildingsIIFL Home Finance to double its affordable housing business

Next Story
Infrastructure Urban

Revolt Motors Unveils ‘Azadi From Petrol’ Offer

To mark India’s 78th Independence Day, Revolt Motors, the country’s leading electric motorcycle brand, has introduced its special “Azadi From Petrol” offer, encouraging riders to break free from rising fuel costs and embrace smarter, sustainable mobility.Under this limited-period scheme, customers purchasing any Revolt electric motorcycle can enjoy benefits worth up to Rs 20 million. The package includes zero insurance fees, providing free coverage valued at up to Rs 7 million, along with cash savings of up to Rs 13 million.The initiative highlights Revolt’s mission to make electric ..

Next Story
Infrastructure Energy

Inox Green Signs 182 MW Wind O&M Deal

Inox Green Energy Services Ltd., one of India’s leading renewable energy operations and maintenance (O&M) providers, has signed an agreement with a major diversified Indian conglomerate for the comprehensive O&M of 182 MW of operational wind projects under its renewable energy division.Located across multiple sites in Western India, these projects are integrated with common infrastructure owned by Inox Green. The deal includes converting 82 MW of wind projects from limited-scope to comprehensive O&M, as well as renewing comprehensive O&M for another 100 MW well ahead of sched..

Next Story
Infrastructure Urban

MPL Q1 Profit Rises to Rs 144 Million

Manali Petrochemicals Limited (MPL), a leading petrochemical manufacturer and part of AM International, Singapore, has reported its unaudited consolidated financial results for the quarter ended 30 June 2025.The company posted a consolidated total income of Rs 2.43 billion for the quarter, up from Rs 2.38 billion in the preceding quarter ended 31 March 2025. Profit Before Tax (PBT) stood at Rs 200 million, compared to Rs 159 million in the previous quarter, while Profit After Tax (PAT) rose to Rs 144 million from Rs 108 million. For the full year ended 31 March 2025, MPL recorded a total incom..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?