Industrial and warehousing supply in Q1 2024 touches 7 mn sq ft, highest in last two years
8 months, 1 week ago

Industrial and warehousing supply in Q1 2024 touches 7 mn sq ft, highest in last two years

Hindustan Times  

Industrial and warehousing supply inched towards 7 million sq ft during Q1 2024, the highest in the last two years. Industrial and warehousing supply inches towards 7 million sq ft during Q1 2024, Leasing in Chennai remained robust, with industrial and warehousing space take-up in Q1 2024 almost twice the leasing activity in corresponding period of last year. “While 3PL players continued to drive industrial and warehousing leasing activity, demand from retail, engineering and automobile players too accounted for a significant share in Q1 2024. “While the average quarterly industrial and warehousing space demand in the last two years has been at around 6 mn sq ft, average incremental supply has been comparatively lower.

Mumbai Supply Players Chennai Industrial 2024 Share Ncr Grade Leasing Last Two Years Mn Sq Warehousing Demand  players  highest  touches  2024  industrial  ft  share  q1  supply  mn  sq  warehousing  demand  leasing

History of this topic

Demand for logistics, industrial spaces to touch 50-53 million sq ft in 2024: Report
1 day, 1 hour ago

Demand for logistics, industrial spaces to touch 50-53 million sq ft in 2024: Report

Hindustan Times  

Leasing of logistics and industrial spaces is set to reach 50-53 million sq feet in 2024 across eight major cities on sustained demand, according to a report by Cushman & Wakefield on December 24. Leasing of logistics and industrial spaces is set to reach 50-53 million sq feet in 2024 across eight major cities on sustained demand The leasing of …

Housing inventory overhang at record low of 22 months in Q2 2024 as sales soar; Ahmedabad, Delhi-NCR top performers
2 months, 3 weeks ago

Housing inventory overhang at record low of 22 months in Q2 2024 as sales soar; Ahmedabad, Delhi-NCR top performers

Hindustan Times  

India’s residential real estate inventory overhang reached a record low of 22 months in the April-June period of 2024, down from 34 months in the same period last year, reflecting a healthier balance between supply and demand in the residential real estate market. Housing inventory overhang at historic low in Q2 2024; Ahmedabad, Delhi-NCR top performers In a quarterly report …

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand
2 months, 4 weeks ago

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand

Hindustan Times  

The July-September quarter of 2024 recorded a 31% year-on-year growth in office leasing, pushing the tally to 17.3 million square feet across the top six cities, a report by property consultancy Colliers said on September 26. Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand Bengaluru and …

Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY
4 months, 1 week ago

Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY

Hindustan Times  

Bengaluru recorded a almost 70% year-on-year surge in industrial and logistics leasing during the January-June period of the ongoing calendar year at 3.4 million square feet. Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY Meanwhile fresh supply during the six-month period was recorded at 3.2 million square feet, per the report. …

Hyderabad Office Space Market Takes Flight: 5 Million Square Feet Leased in H1 2024
4 months, 4 weeks ago

Hyderabad Office Space Market Takes Flight: 5 Million Square Feet Leased in H1 2024

The Hindu  

Hyderabad office space market is trending very high, all set to draw more demand from national and international companies. According to the report in Hyderabad Office Space Market, the IT-BPM industry remained on the top with a 36 % market share in gross leasing whereas BFSI took a rapid growth with 29 % shares of the total leasing space in …

Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y
8 months ago

Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y

Hindustan Times  

Despite global uncertainties stemming from uneven economic scenarios and geopolitical tensions, the first quarter of 2024 witnessed office leasing activity of 16.7 mn sq. ft in India, a 20% increase year-on-year even as office space absorption across India’s six major cities is likely to register around 61 mn sq ft in 2024, according to international real estate advisory firm Savills …

Industrial and logistics sector records 22.7% YoY demand growth in Q1 2024: Savills India
8 months, 2 weeks ago

Industrial and logistics sector records 22.7% YoY demand growth in Q1 2024: Savills India

Hindustan Times  

The industrial and logistics sector witnessed an absorption of 13.5 mn sq. The overall absorption during Q1 2024 is led by sustained demand from the 3PL and manufacturing sectors as well as a surge in demand from the FMCG sector. The tier II and tier III cities together accounted for 24% of the total supply, the report showed Delhi-NCR leads …

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities
8 months, 3 weeks ago

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities

Hindustan Times  

Despite global headwinds, the Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sq ft across top eight cities in Q1 2024, according to Cushman & Wakefield’s Q1 office data. A significant contribution to Bengaluru’s healthy leasing volume was 4.8 mn sq ft of fresh leasing activity, and the city accounted for 33% of total …

Leasing demand for manufacturing space up; expected to touch around 16 million sq ft by 2024: JLL
9 months, 1 week ago

Leasing demand for manufacturing space up; expected to touch around 16 million sq ft by 2024: JLL

Hindustan Times  

Leasing demand for manufacturing space has increased and is projected to touch approximately 16 million sq ft by the end of 2024, JLL India said in a report. Leasing demand for manufacturing real estate space has increased and is projected to touch approximately 16 million sq ft by the end of 2024, JLL India said in a report. In its …

Logistics and industrial leasing crosses 50 mn sq ft mark in the last two years
10 months ago

Logistics and industrial leasing crosses 50 mn sq ft mark in the last two years

Hindustan Times  

Logistics and industrial leasing in India has crossed the 50 m sq ft mark in the last two years on the back of strong economic and industry fundamentals, rapidly growing sectors like manufacturing and third party logistics, and supportive government policies like the Production Linked Incentive scheme, a report by Cushman & Wakefield has said. Logistics and industrial leasing in …

Colliers transacts 3.25 lakh sq ft space for Metro Brands in Bhiwandi warehou
10 months, 2 weeks ago

Colliers transacts 3.25 lakh sq ft space for Metro Brands in Bhiwandi warehou

Hindustan Times  

Metro Brands Limited, one of the largest retailers of footwear and accessories, has leased Built-to-Suit 3,25,000 sq ft space in a Grade A warehouse in Bhiwandi, the transaction advisor Colliers India said on Thursday. HT Image MBL operates over 800 stores across 180 cities in India and had appointed Colliers to identify well-equipped, modern spaces that offered increased height, higher …

Industrial & Logistics leasing in MMR touches high of 9.9 mn sq ft: report
11 months ago

Industrial & Logistics leasing in MMR touches high of 9.9 mn sq ft: report

Hindustan Times  

Mumbai: The Mumbai Metropolitan Region touched an all-time high of 9.9 million square feet in Industrial & Logistics leasing in 2023, with the July-December half of this year contributing 5.3 million square feet, said the findings of ‘CBRE Industrial & Logistics Figures H2 2023’, a report by leading real estate consulting firm CBRE South Asia Pvt Ltd. HT Image Third-party …

Hyderabad sees about 800% growth in luxury residential segment in Q1 of 2023
1 year, 7 months ago

Hyderabad sees about 800% growth in luxury residential segment in Q1 of 2023

Deccan Chronicle  

HYDERABAD: The luxury residential segment witnessed continued momentum in sales and launch activity. According to a report ‘India Market Monitor Q1 2023’ released by real estate consulting firm CBRE South Asia, Delhi-NCR, Mumbai, Hyderabad, Pune and Kolkata saw the maximum traction for high-end units. Sales in Delhi-NCR surged by over 216%, Mumbai by 44%, Hyderabad by about 800%, Kolkata by …

Industrial, logistics sector leasing seen at 32-35 mn sq ft in 2023: Report
1 year, 8 months ago

Industrial, logistics sector leasing seen at 32-35 mn sq ft in 2023: Report

Live Mint  

New Delhi: The growth rate for industrial and logistics portfolio leasing is likely to slow down to 32-35 million square feet in 2023 due to global headwinds, according to a report by CBRE. The global real estate consultant’s ‘2023 India Market Outlook’ report said that the I&L supply forecast is expected to exceed 2022 levels and touch 24-26 mn sq …

E-commerce boom sees demand for warehouse spaces rise in Bengaluru
3 years, 4 months ago

E-commerce boom sees demand for warehouse spaces rise in Bengaluru

The Hindu  

The pandemic brought about many sweeping changes in people’s lifestyles, including a heavy dependence on e-commerce platforms, more so during the lockdown. Also warehousing has become a promising investment opportunity for institutional investors.” She said expecting high spurt, developers were acquiring land on the outskirts of Bengaluru to develop warehouse spaces. ‘Has remained resilient’ Farook Mahmood, founder and chairman emeritus, …

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