Warehousing and logistics supplies likely to double by 2030: Report ...Middle East

Business Standard - Economy

Warehousing and logistics supplies are likely to double to cross 700 million square feet by 2030, for which more than USD 20 billion additional investment is needed, a report said on Thursday. According to a report by the CBRE Group, which is the world's largest commercial real estate services and investment firm, during the first nine months of 2022 saw the sector getting only about USD 144 million across greenfield and brownfield assets from global investors. The report said that leasing activity in the segment grew 40 per cent to 9.2 million square feet in the third quarter over second quarter. The warehousing and logistics sector requires at least USD 20 billion of fresh investments by 2

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Last updated : 15 Dec 2022 clock 04:56 PM

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Warehousing and logistics supplies likely to double by 2030: Report ...Middle East

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