{
  "id": 3940916,
  "title": "Mumbai, Delhi-NCR, Bengaluru Rank Among APAC’s Top 10 Logistics Rental Gainers",
  "url": "https://urgent.news/2026/08/28/mumbai-delhi-ncr-bengaluru-rank-among-apacs-top-10-logistics-rental",
  "topic": "world",
  "section": "World",
  "published": "2026-08-28T10:20:13.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/mumbai-delhi-ncr-bengaluru-rank-among-apacs-top-10-logistics-rental-gainers"
  },
  "original_language": "en",
  "account": "Mumbai, Delhi-NCR and Bengaluru emerged as the top three cities in the Asia-Pacific region for logistics rental growth during the first half of 2026, according to a Knight Frank report. The Mumbai Metropolitan Region witnessed the most significant rental increase, with logistics rents rising by 5.3 per cent year-on-year and 4.4 per cent half-on-half.\n\nFollowing closely, Delhi-NCR experienced an annual growth of 5.2 per cent, while Bengaluru saw a 4.4 per cent increase in logistics rental prices. Prime logistics rents in Mumbai were recorded at Rs 26 per square foot per month, with vacancy dropping to 13.5 per cent. In Delhi-NCR, rents were Rs 22.30 per square foot per month, with vacancy decreasing to 14.7 per cent.\n\nThe demand for warehousing facilities in India remained robust, driven by manufacturing expansion, domestic consumption, and supply-chain diversification. Major players such as manufacturers, e-commerce companies, retailers, and third-party logistics providers invested in larger inventories, automation, and sophisticated distribution networks. Additionally, investments in semiconductor and advanced manufacturing supply chains further fueled leasing activity.\n\nHowever, APAC growth in logistics is expected to slow down in 2026 and 2027 due to high commodity prices and El Nino conditions, according to Moody's Analytics. Of the 18 cities tracked, 15 recorded stable or higher logistics rents during H1 2026. Knight Frank observed that occupiers are increasingly preferring modern warehouses with better functionality, technology integration, and sustainability credentials. The consultancy expects resilient demand and a preference for institutional-grade facilities to maintain steady growth in India's major logistics markets over the near to medium term.",
  "summary": "New Delhi: Mumbai, Delhi-NCR and Bengaluru ranked among Asia-Pacific’s top 10 cities for annual logistics rental growth during the first half of 2026, reflecting sustained demand for modern warehousing facilities, according to a Knight Frank report . Mumbai Leads Growth Mumbai Metropolitan Region recorded the strongest rental increase among the three Indian markets, with logistics rents rising…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}