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India's Warehousing Sector Review

The year 2018 saw Indian Warehousing Sector coming of age, outshining some of the conventional real estate asset classes and attracting global investors. As per a study by JLL India Industrial Services, 2018 witnessed a 22% y-o-y growth in total stock in Grade A & B warehousing space in top eight cities at 169 mn sq. ft. compared to 138 mn sq. ft., a year ago. The robust growth in absorption reflects demand outstripping supply and vacancies dropping below 10% level for the first time ever.

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