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leasing activity: Industrial & Logistics sector reports 35% y-o-y increase in leasing

Industrial & Logistics (I&L) sector has recorded a 35% Y-o-Y surge in total leasing, which stood at 19.1 mn. sq. ft. across 8 cities during Jan-Jun 2023 period. According to CBRE, the leasing activity is expected to sustain its momentum in the Jul-Dec23 period, which is expected to be partly driven by festive season sales observed across the country.

Retail leasing grows 24% year-on-year in the first half of 2023

Retail leasing in India saw a 24% YoY growth during Jan-Jun 2023 and a 15% rise QoQ, according to a CBRE report. The Jan-Jun 2023 period recorded a 148% YoY increase in total supply. Bangalore, Delhi-NCR and Ahmedabad accounted for a cumulative share of 65% in leasing activity. Domestic firms led the leasing activity during the Apr-Jun 2023 period, accounting for 75% of the share.

Retail leasing surges by 24% YoY in Jan-Jun; supply jumps 148%: Report

CBRE sees a consistent growth in secondary leasing, while primary leasing is likely to pick up pace, fuelled by a strong supply pipeline and the forthcoming festive season

Supply stock in retail industry up 148% to 1 09 m sq ft: Report

Supply stock in retail industry up 148% to 1 09 m sq ft: Report
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Weekly roundup of people news, July 14 | Moves

Weekly roundup of people news, July 14 | Moves
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