Transindia Actual Property to promote logistics park in Haryana, divest stake in 5 others

Transindia Actual Property, the corporate fashioned because of the demerger of the logistics enterprise of Allcargo Logistics, has signed a agency settlement to promote its logistics park at Jhajjar in Haryana at an enterprise worth of roughly ₹636.71 crore. The corporate has additionally bought 10 per cent stake in 5 different logistics parks – Malur … Read more

Industrial & logistics house demand hit file in 2023 at 38.8 million sq ft in 8 cities: CBRE

Demand for industrial and logistics areas hit an all-time excessive throughout eight main cities final yr with leasing exercise rising yearly by eight per cent, in line with CBRE. In its newest report, actual property marketing consultant CBRE mentioned that the leasing of commercial and logistics areas rose to 38.8 million sq. ft in 2023 … Read more