Section

Logistics and industrial sector sees strong growth in 1st half of 2024: JLL

By Economic Times - a month ago
India's logistics and industrial sector experienced significant growth in H1 2024. Grade A and Grade B rents in major cities increased by 4.8% and 6.4% respectively, driven by strong demand for warehousing and manufacturing leases. The JLL report highlighted a 6.6% vacancy rate for Grade A properties and 15.4% for Grade B, with Grade A properties accounting for 70% of the 24.2 million sq. ft. absorption.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.