Delhi-NCR witnessed a 77 per cent decline in leasing of warehousing and logistics spaces during January-June this year, while Chennai saw a 3-fold jump in demand, according to real estate consultant Vestian.
As per Vestian’s latest Warehousing and Logistics Sector review for January-June 2024, the absorption of warehousing and logistics spaces in January-June across seven major cities rose 8 per cent to 16.6 million square feet during the first half of this year, from 15.4 million square feet in the year-ago period.
Among seven . . .
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