Industrial and warehousing demand strengthens in 2022; up by 8%: Colliers

The year 2022 saw 24.5 million sq ft of industrial & warehousing demand, up 8% on a YoY basis across the top 5 cities in India. The average quarterly leasing during 2022 remained strong at 6.1 mn sq ft from 5.7 mn sq ft in 2021, said Colliers.