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Hans India
a day ago
- Business
- Hans India
India's industrial and logistics sector hits new leasing peak in H1 2025, e-commerce emerges as top contributor
New Delhi: Overall industrial and logistic (I&L) leasing in India has marked a new peak during the January-June period (H1 2025), surging 63 per cent year-on-year (YoY) to 27.1 million square feet across the top eight cities, a report said on Tuesday. The third-party logistics (3PL) sector continued to lead in I&L space take-up with a market share of 32 per cent in H1 2025, CBRE, a real estate consulting firm, said in its recent report. However, the surge was majorly led by the e-commerce sector, which saw its market share more than double from 9 per cent in H1 2024 to 25 per cent in H1 2025, the report stated. I&L leasing by the engineering and manufacturing (E&M) sector also increased from 18 per cent in H1 2024 to 19 per cent in H1 2025. The government-led infrastructure projects and policy initiatives, such as the Production Linked Incentive (PLI) scheme and 'Make in India 2.0', have significantly strengthened the country's manufacturing sector, resulting in a heightened demand for warehousing space from E&M companies, the report stated. Among the three regions, Asia Pacific-based companies recorded their highest space take-up at 2.7 million square feet during Q2 2025 (up from 0.6 million square feet in Q2 2024), followed by American and EMEA-based firms at 1.9 million square feet and 1.7 million square feet, respectively. 'The dominance of 3PL and e-commerce, which together drove over half of H1 demand, underscores how rapidly evolving consumer expectations and supply chain optimisation are reshaping the landscape," said Anshuman Magazine, Chairman and CEO, India, Southeast Asia, Middle East and Africa, CBRE. "We foresee the next wave of growth being defined by premium, sustainable, and tech-enabled facilities, alongside accelerated expansion into tier-II cities to tap into underserved markets," he added. In H1 2025, I&L supply stood at 16.7 million square feet. According to the report, Bengaluru, Chennai, and Mumbai emerged as the key contributors to this supply addition, collectively accounting for 57 per cent of the total supply during this period. Among cities, during H1 2025, Delhi-NCR led the demand with an absorption of 7.3 million square feet, followed by Bengaluru at 4.0 million square feet and Hyderabad at 3.6 million square feet. Cumulatively, the three cities accounted for almost 55 per cent of the leasing volume, the report highlighted.
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Business Standard
09-07-2025
- Business
- Business Standard
70% of APAC occupiers plan to expand warehousing portfolio in India: Report
APAC occupiers see India as a resilient logistics destination, driven by supply chain diversification, ESG focus, and infrastructure growth, says CBRE report Mumbai Nearly 70 per cent of Asia Pacific (APAC) occupiers plan to expand their warehousing footprint in India over the next two years, according to a report by CBRE, a real estate consultancy firm. This growing interest reflects the broader shift towards supply chain diversification, as companies aim to reduce dependency on single-market strategies, the report noted. Despite near-term uncertainties, the country remains a preferred destination for both global and domestic corporates. The sector is anticipating strong demand in South-East Asia and India across diverse segments, including third-party logistics (3PL), e-commerce, engineering and manufacturing (E&M), auto & auto ancillary, and fast-moving consumer goods (FMCG). Larger deals and modern facilities signal occupiers' shift towards future-proof, compliant, and ESG-aligned warehousing, painting a promising picture of the sector's forward momentum. Anshuman Magazine, chairman and chief executive officer-India, South-East Asia, Middle East & Africa, CBRE, said, 'India's logistics sector is undergoing a transformational growth phase, fuelled by robust macroeconomic fundamentals, accelerated infrastructure development, and a maturing occupier ecosystem that is increasingly focused on scalability, efficiency, and sustainability.' The sector is showing strong confidence in India's market potential, with more than 80 per cent of India-based occupiers (both Indian and global firms with operations in India) planning to expand their warehousing portfolios over the next two years. Meanwhile, nearly 90 per cent of India-based respondents expressed an intention to expand their logistics footprint over the next two to five years. The I&L sector is charting strong growth, driven by institutional capital, supportive regulatory reforms, and strategic penetration into tier-II and tier-III cities. This upward trajectory is reinforced by the rise of the 3PL segment, increased outsourcing, and a growing focus on sustainability and compliance. 'The insights from our survey reaffirm India's position as the most preferred logistics destination in the region. With resilient demand drivers, growing institutional participation, and future-ready infrastructure, the long-term growth trajectory for India's logistics sector remains exceptionally strong,' Magazine added.
Time of India
09-07-2025
- Business
- Time of India
India emerges as APAC's top logistics hub
India is quickly emerging as the most preferred warehousing destination in the Asia-Pacific region, as nearly 70% of APAC occupiers plan to expand their logistics footprint in the country over the next two years. According to CBRE 's recently released 2025 India Logistics Occupier Survey , which highlights strong occupier confidence in India's industrial and logistics (I&L) sector. The growing intent is a reflection of shifting global supply chain strategies, a surge in domestic consumption, and the availability of modern logistics infrastructure . The survey was conducted between March and April 2025 and gathered over 380 responses from logistics occupiers across the Asia-Pacific region, including over 100 from India-based firms. More than 80% of India-based occupiers, including both domestic and multinational corporations, expressed plans to expand their warehousing operations in the country over the next two years, signaling long-term optimism and continued investment momentum. This comes despite prevailing macroeconomic uncertainties, indicating India's strong resilience and rising strategic importance in the global supply chain ecosystem. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Want to know more? click here Undo According to CBRE, this demand is largely driven by India's expanding third-party logistics (3PL) networks, improving infrastructure, and ongoing government initiatives to boost logistics efficiency. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, said ' India's logistics sector is going through a transformational phase, underpinned by strong macroeconomic fundamentals, fast-tracked infrastructure development, and an evolving occupier ecosystem that is focused on scalability, efficiency, and sustainability'. He added that the insights from the survey reaffirm India's position as the most preferred logistics destination in the APAC region. While the sentiment is broadly positive, the report also points to several key challenges that occupiers face in their expansion journey. Cost escalation emerged as the most pressing concern, with 55% of respondents citing rising land prices and construction costs as major hurdles. This is followed by economic uncertainty, with 49% expressing concern over global trade volatility and its potential impact on business planning. Additionally, 46% of respondents highlighted increasing competition for high-quality logistics assets as a growing challenge, especially in key urban clusters where modern Grade A warehouses are in high demand. Live Events Despite these challenges, occupiers are showing a clear shift in preference towards high-quality, future-ready infrastructure. The survey found that 84% of respondents are actively moving from older, non-compliant facilities to newer, investment-grade warehouses. These modern assets are not only better equipped with automation capabilities and improved transportation access but also meet evolving regulatory and ESG (environmental, social, and governance) compliance standards. Occupiers are increasingly prioritizing features such as proximity to highways and urban markets, scalability, and sustainability when selecting new sites for expansion. Technology and ESG have now moved to the center of strategic decision-making for logistics occupiers. According to the survey, 57% of occupiers are investing in automation technologies such as automated storage and retrieval systems (AS/RS) to improve operational efficiency. Furthermore, ESG-related factors like renewable energy integration, green building certifications, and smart energy systems are playing a pivotal role in site selection and investment decisions. Occupiers recognize that future-ready infrastructure is essential not just for cost efficiency but also for attracting institutional capital and fulfilling global sustainability commitments. Ram Chandnani, Managing Director – Leasing, CBRE India , said that the industrial and logistics sector's growth trajectory is being powered by strong institutional interest, forward-looking regulations, and expansion into tier-II and tier-III cities. 'This includes emerging logistics hubs such as Nagpur, Coimbatore, Indore, Lucknow, and Jaipur, which are gaining traction due to improving infrastructure and affordability. These cities are becoming key nodes in India's expanding logistics network, offering businesses a balance between scale, cost-effectiveness, and connectivity', he said. The report underlines that India's warehousing stock, currently estimated at over 400 million square feet, is likely to double by the end of the decade. This growth is being driven by strong demand from sectors such as e-commerce, FMCG, engineering, auto & ancillary, and manufacturing. Government initiatives like the Gati Shakti master plan and the National Logistics Policy are expected to further streamline logistics operations and reduce turnaround times, making India an even more attractive proposition for global and domestic occupiers. Going ahead, India's logistics sector is poised for accelerated expansion. The CBRE survey indicates that occupiers are not just looking for space, but for strategic assets that align with long-term business goals, sustainability standards, and supply chain resilience . With rising demand, expanding warehousing footprints, and increasing alignment with global best practices, India is well on track to becoming Asia-Pacific's leading logistics powerhouse.
Hans India
28-06-2025
- Business
- Hans India
Tech workforce in Bengaluru crosses 1mn mark
New Delhi: Bengaluru is among the top 12 global technology hubs with a tech workforce in the IT city crossing the 1 million mark, according to CBRE. Real estate consultant CBRE has released a report, 'Global Tech Talent Guidebook 2025', which highlights global tech talent dynamics across 115 markets. The report evaluates these markets based on the availability, quality, and cost of tech talent and classifies them into three categories: Powerhouse (12 markets with large, deep, and highly competitive talent pools), Established (63 mature markets with consistent talent pipelines), and Emerging (40 growth-focused markets with improving capabilities). CBRE noted that the report identifies 'Bengaluru as among the top 12 global tech powerhouses.' Beijing, Boston, London, New York Metro, Paris, San Francisco Bay Area, Seattle, Shanghai, Singapore, Tokyo and Toronto are the other tech powerhouses. 'Bengaluru is the largest tech talent market in the Asia-Pacific region, along with Beijing and Shanghai, with its tech workforce exceeding 1 million (10 lakh),' the consultant said. This makes Bengaluru city a critical node in the global technology and innovation landscape. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, said, 'Bengaluru's emergence as a global tech powerhouse reflects India's strategic depth in digital innovation, AI, and talent readiness.' 'What's even more promising is the parallel growth story unfolding in cities like Delhi-NCR, Mumbai, Ahmedabad, and Jaipur, each contributing uniquely to India's diversified and resilient tech ecosystem,' he added. Magazine said this signals a maturing market. 'The distribution of tech talent around the world is the result of many factors that have increased demand for tech workers beyond large tech clusters and into smaller and specialised markets. These factors include labour market conditions, quality of life, demographics, educational attainment, capital funding and the availability and cost of real estate,' he said. CBRE said that the report underscored Bengaluru's leadership in AI development talent, stating that it has the most AI-related professionals in India, placing it on par with established US clusters like San Francisco and New York. In terms of demographics, Bengaluru ranked 4th among the 12 tech powerhouse markets in share of working-age population, with 75.5 per cent of its population falling in the working-age bracket. Moreover, the city recorded a 2.4 per cent growth in working-age population between 2019 and 2024, making it one of the fastest-growing globally in this segment.
News18
24-06-2025
- Business
- News18
India Leads APAC In Commercial Realty Sentiment On Robust Office Demand: Report
Last Updated: India has emerged as the most resilient commercial real estate market in the Asia-Pacific (APAC) region India has emerged as the most resilient commercial real estate market in the Asia-Pacific (APAC) region, showing sustained momentum across the office, retail, and industrial & logistics sectors, even as sentiment weakens in traditionally strong markets like Greater China and Australia, according to CBRE's latest Asia Pacific Market Sentiment Survey. The report highlights that India's office market is currently witnessing the highest sentiment levels across the region, driven by rising occupier confidence, strong demand from technology and financial services, and continued investments by Global Capability Centres (GCCs). The Office Market Sentiment Index for India surpassed the 70% threshold between September 2024 and June 2025, the highest among all regional markets. This momentum is supported by stable rental growth and robust leasing activity across major metros. According to CBRE's India Office Figures report for Q1 2025, gross office leasing grew by 5% year-on-year, reaching 18 million square feet across nine cities during January to March 2025. Key markets like Bengaluru, Hyderabad, Delhi-NCR, and Mumbai remained dominant, while select Tier-2 cities also recorded increased leasing activity. Although renewals continue to be the primary driver of demand, expansion-led leasing—especially from IT firms and GCCs—remains strong in India and Japan, in contrast to the slowing demand seen in Korea and Singapore. India's retail sector also demonstrated resilience despite a modest decline in leasing volumes. Retailers remain optimistic and are actively expanding in high-footfall, high-yield locations across major metros. This is in sharp contrast to several other APAC markets, where cautious expansion and store consolidations are becoming more common. In India, there are still no signs of widespread store closures, underscoring the confidence in long-term retail growth. Crucially, India is the only APAC market where sentiment across all three core sectors—office, retail, and industrial & logistics—remains above the neutral 50% mark, reflecting the country's broad-based real estate resilience. While enquiry levels are dropping in some regions, India continues to see strong activity from IT, BFSI, and GCC sectors. Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa at CBRE, attributed India's momentum to its diversified occupier base, technology-driven growth, and solid long-term fundamentals. 'India's consistent performance across office, retail, and industrial sectors positions it as a key pillar of stability in the Asia-Pacific real estate landscape. As global occupiers reassess their regional strategies amidst economic uncertainty, India offers a compelling proposition with its resilient demand, expanding infrastructure, and landlord-favourable dynamics," he said. Ada Choi, Head of Research for APAC at CBRE, emphasized that India is on a distinctive growth path, diverging from many peers still adjusting to post-pandemic trends. 'India's commercial markets, particularly offices, show strength in demand and rental stability. This positions the country for continued expansion, especially as global enterprises diversify their APAC portfolios," she noted. The CBRE Asia Pacific Market Sentiment Survey, conducted from May 20 to June 4, 2025, collected 517 responses from CBRE leasing professionals across the region. The findings cement India's position as a standout performer, reinforcing its rising importance as a central hub in the evolving APAC commercial real estate landscape. First Published: June 24, 2025, 11:08 IST
