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Hans India
29-07-2025
- Business
- Hans India
India's industrial and logistics sector hits new leasing peak in H1 2025, e-commerce emerges as top contributor
New Delhi: Overall industrial and logistic (I&L) leasing in India has marked a new peak during the January-June period (H1 2025), surging 63 per cent year-on-year (YoY) to 27.1 million square feet across the top eight cities, a report said on Tuesday. The third-party logistics (3PL) sector continued to lead in I&L space take-up with a market share of 32 per cent in H1 2025, CBRE, a real estate consulting firm, said in its recent report. However, the surge was majorly led by the e-commerce sector, which saw its market share more than double from 9 per cent in H1 2024 to 25 per cent in H1 2025, the report stated. I&L leasing by the engineering and manufacturing (E&M) sector also increased from 18 per cent in H1 2024 to 19 per cent in H1 2025. The government-led infrastructure projects and policy initiatives, such as the Production Linked Incentive (PLI) scheme and 'Make in India 2.0', have significantly strengthened the country's manufacturing sector, resulting in a heightened demand for warehousing space from E&M companies, the report stated. Among the three regions, Asia Pacific-based companies recorded their highest space take-up at 2.7 million square feet during Q2 2025 (up from 0.6 million square feet in Q2 2024), followed by American and EMEA-based firms at 1.9 million square feet and 1.7 million square feet, respectively. 'The dominance of 3PL and e-commerce, which together drove over half of H1 demand, underscores how rapidly evolving consumer expectations and supply chain optimisation are reshaping the landscape," said Anshuman Magazine, Chairman and CEO, India, Southeast Asia, Middle East and Africa, CBRE. "We foresee the next wave of growth being defined by premium, sustainable, and tech-enabled facilities, alongside accelerated expansion into tier-II cities to tap into underserved markets," he added. In H1 2025, I&L supply stood at 16.7 million square feet. According to the report, Bengaluru, Chennai, and Mumbai emerged as the key contributors to this supply addition, collectively accounting for 57 per cent of the total supply during this period. Among cities, during H1 2025, Delhi-NCR led the demand with an absorption of 7.3 million square feet, followed by Bengaluru at 4.0 million square feet and Hyderabad at 3.6 million square feet. Cumulatively, the three cities accounted for almost 55 per cent of the leasing volume, the report highlighted.
Yahoo
30-04-2025
- Business
- Yahoo
Meta Blows Past Q1 Expectations, Ups Capex Target for Full-Year 2025
Social-media giant Meta isn't forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts. For the first quarter of 2025, Meta significantly exceeded expectations. The company, parent of Facebook and Instagram, reported revenue of $42.31 billion (up 16%) and net income of $16.64 billion (up 35%), or $6.43 per share. Wall Street anticipated $41.36 billion in revenue and earnings per share of $5.22. More from Variety Snap Delivers Q1 Earnings Beat as Snapchat Tops 900M Monthly Users, Withholds Guidance Given Economic 'Uncertainty' Spotify Adds More Premium Subs in Q1 Than Expected to Reach 268 Million, but CEO Warns of Near-Term 'Noise' Amid Economic Uncertainty YouTube Ad Revenue Bulks Up 10.3% to $8.9 Billion as Alphabet Q1 Net Profit Jumps 46% 'We've had a strong start to an important year, our community continues to grow and our business is performing very well,' Meta chairman and CEO Mark Zuckerberg said in prepared remarks with the company's earnings report. 'We're making good progress on AI glasses and Meta AI, which now has almost 1 billion monthly actives.' Meta plans to spend heavily on AI this year — and even more than it did three months ago. The company said it expects 2025 capital expenditures to be $64 billion-$72 billion, increased from its prior expectation of $60 billion-$65 billion. The higher capex reflects 'additional data center investments to support our artificial intelligence efforts as well as an increase in the expected cost of infrastructure hardware.' Other internet players have signaled they expect a pullback in ad spending. Asked how macroeconomic uncertainty might affect Google's Q2 advertising sales, chief business officer Philipp Schindler told analysts last week that 'it's too early to really comment on that' but that for full-year 2025, he said, new U.S. tariffs 'will obviously cause a slight headwind to our ads business' primarily with respect to spending from Asia Pacific-based retailers. Snapchat parent Snap did not issue formal Q2 financial guidance citing 'uncertainty' about the market and said its ad sales have 'experienced headwinds' so far in the month of April. Best of Variety New Movies Out Now in Theaters: What to See This Week What's Coming to Netflix in May 2025 What's Coming to Disney+ in May 2025 Sign in to access your portfolio
