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DHL extends lease for 3.17 lakh sq ft of warehouse space in Panvel - India Seatrade News
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DHL extends lease for 3.17 lakh sq ft of warehouse space in Panvel - India Seatrade News
DHL Logistics has renewed its lease for a warehousing space of 3.17 lakh square feet in Panvel, part of the Mumbai Metropolitan Region (MMR), for a monthly rent of ₹1.8 crore in an asset owned by CapitaLand India Trust. According to lease-related documents accessed via Propstack, a real estate data analytics firm, DHL has leased the space for another five years with an annual rent escalation component of 5 per cent. DHL will be paying a rent of…
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