Leasing activity up by 45% across metros in Jan-June 2018

Leasing activity in the logistics and warehousing sector across seven major cities in India rose by 45 percent during January-June 2018, on a year-on-year basis to around 10 million square feet, a CBRE report said on Monday.

The increase in leasing activity was driven by consolidation and expansion in e-commerce, third-party logistics, retail, and engineering and manufacturing sectors among others, it said.

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