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 Energy

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

Next Story
Infrastructure Energy

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

Next Story
Infrastructure Transport

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?