CBRE
CBRE's latest India retail leasing data shows demand growing, with leasing up 20% year-on-year to 3.9 million sq ft in H1 2026 (ET Small Business, 30 Jul). Its own projection points to an 11 million-worker tourism shortfall by 2035 (ET Small Business, 2 Oct).
What it means Hotel and tourism operators expanding into tier-II and tier-III markets face a training and retention gap, while retailers see pilgrimage hubs and ports as investment sites.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: CBRE’s projected 11 million-worker tourism shortfall by 2035 makes workforce readiness a key test of hotel growth assumptions and margin resilience.Reported: India tourism could face 11 million-worker shortfall by 2035: CBREWatch:
- Reported: Kolkata’s rapidly expanding warehouse base and four-fold FMCG leasing growth signal stronger capacity for faster, more reliable East India distribution.Reported: CBRE says Kolkata has East India’s largest industrial and logistics warehousing base, with H1 2026 take-up reaching about 1.8 mn sq ft. FMCG leasing rose four-fold year on year, while institutional developers are expected to deliver roughly 70% of upcoming supply.Watch: Whether H2 2026 net absorption sustains or exceeds the 1.8 mn sq ft H1 run rate.
Background
From 6 stories, the newest dated 3 Oct 2026. Summary written 10 Oct 2026.
CBRE is a real estate firm that publishes research on India's property-linked sectors, including retail leasing, hotels, tourism and warehousing. [1] source: Business Standard[2] source: Business Standard[3] source: ET Small Business[4] source: ET Hospitality[5] source: The Hindu BusinessLine
Show 3 more paragraphs and 6 sources
Its findings are carried by Business Standard, ET Hospitality, ET Small Business and The Hindu BusinessLine. [2] source: Business Standard[3] source: ET Small Business[4] source: ET Hospitality[5] source: The Hindu BusinessLine
In a report covered in October 2026, CBRE reported India's organised hotel occupancy at 64.1 percent in 2025, up from 42.0 percent in 2021. [4] source: ET Hospitality CBRE also projects a potential shortfall of around 11 million tourism workers in India by 2035. [3] source: ET Small Business In August 2026, CBRE said Kolkata's logistics warehousing stock had crossed 24 million sq ft, with H1 2026 take-up of about 1.8 million sq ft, up 69% versus the previous six months. [5] source: The Hindu BusinessLine A CBRE report resurfaced in September 2026 said nearly 70% of APAC occupiers plan to expand their warehousing footprint in India over the next two years. [6] source: Business Standard
Earlier CBRE reports covered retail. A January 2024 report put India's retail leasing at a record 7.1 million square feet across the top eight cities in 2023, 47 per cent above 2022, with fashion and apparel at around 32 per cent. [2] source: Business Standard A February 2024 report said entertainment retail leasing rose 179 per cent in 2023 to 660,000 sq ft from 240,000 sq ft. [1] source: Business Standard