Hot As Warehousing

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If you need instant cheer, just do an internet search for 'News on Indian warehousing'. Pages of positive news articles on increasing demand, transactions, and investment in warehousing is a good recipe for cheer any day. 

What's Adding To The Cheer?

First, a lockdown-driven e-commerce boom has triggered a rush for warehouse space as players want to move more and more goods closer to buyers, to speed up deliveries.

Second, global logistics players have recently spotted the widening gap between the demands of ecommerce and the absence of the kind of futuristic logistics centres needed to bridge that divide.

Here's A Big Deal

Asia's biggest warehouse operator, GLP, said on Tuesday that it raised 311 billion yen ($2.73 billion) for its largest Japan-focused private real estate fund. 

Per Reuters, the fund, GLP Japan Development Partners IV, is expected to reach over 1 trillion yen of assets under management when fully deployed.

The new fund's core focus will be on developing logistics facilities in Japan, in particular large-scale projects in the greater Tokyo and Osaka regions.

Back home, warehouse operators across Northeast India are witnessing an exponential surge in demand too.