Webinar: COVID-19 - Impact & Opportunities on Indian Industrial & Logistics Sector
How has the Industrial & Logistics real estate segment performed in Q1 2020?
The Industrial & Logistics segment of India real estate has been on a great run for several years. While the present state of affairs with COVID-19 and lockdown in India have created a challenging situation, it has also made the sector more attractive for investors & manufacturers. In Q1 2020 there was enhanced emphasis on business continuity plans and supply chain constraints. There has been a contraction of approx. 15% in new supply in the first quarter of the year vs Q1 2019. Projected supply of speculative spaces may also be delayed due to construction delays. On demand front, Q1 2020, demonstrated a contraction of approx. 30%. This may further strengthen & realign the sector with growing e-commerce & 3PL demand, in-city/urban logistics gaining strength, manufacturing going for flex-spaces etc.
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DISCLAIMER: JLL and our staff are not authorized or qualified to guide or influence you in the preparation of your own business continuity or preparations plans from a health and public policy perspective. While we are making efforts to ensure we are providing an up-to-date list of publicly available resources, all details on COVID-19, as well as health and public policy implications, should be addressed with the advice of an independent specialist.