 "Warehousing")
Private equity-backed warehousing companies captured a substantial part of the overall growth in the warehousing sector during the pandemic, with the likes of ESR, Blackstone’s warehousing ventures, IndoSpace, amongst others, pulling off major leasing transactions at this time.
FY 2020-21 witnessed warehousing leasing transactions to the tune of 32 million square feet, which further increased to about 35 million sq. ft in FY22. The next two years are expected to witness even better absorption, with the total leasing projected to be upwards of 80 million sq. ft across Grade A and Grade B asset classes, according to Avendus Capital, a financial
