Welspun One Deploys Rs 20 Bn
Real Estate

Welspun One Deploys Rs 20 Bn

Welspun One, the logistics and industrial real estate arm of the Welspun Group, has successfully deployed its Rs 20 billion Fund 2 within just eight months of its final close. The capital has been invested across nine Grade A assets, further strengthening its position in India's rapidly expanding warehousing and logistics sector.

New Co-Investment Programme to Raise Rs 10 billion Following this milestone, Welspun One has announced a co-investment programme, targeting commitments of up to Rs 10 billion, with visibility on Rs 6 billion. This additional capital will provide Fund 2 with dry powder to capitalise on a pipeline of 5 million sq ft of assets currently in advanced stages of completion. The fund’s portfolio is expected to expand to 14-15 investments, up from the current nine.

Expanding Portfolio & Future Growth With this expansion, Welspun One’s aggregate portfolio is set to reach 22 million sq ft, generating a projected net operating income of Rs 11 billion ($130 million) upon completion. This will take its assets under management (AUM) to Rs 110 billion.

The fund has secured a highly differentiated portfolio of off-market opportunities, particularly in new-age warehousing assets, which are witnessing increasing demand from both occupiers and institutional investors.

Strong Returns & Sector Growth Fund 2 is tracking a mark-to-market gross return of 24% equity-IRR (internal rate of return). This success aligns with India’s logistics and industrial real estate sector, which is projected to grow at a 15% CAGR, surpassing 590 million sq ft by 2027.

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Welspun One, the logistics and industrial real estate arm of the Welspun Group, has successfully deployed its Rs 20 billion Fund 2 within just eight months of its final close. The capital has been invested across nine Grade A assets, further strengthening its position in India's rapidly expanding warehousing and logistics sector. New Co-Investment Programme to Raise Rs 10 billion Following this milestone, Welspun One has announced a co-investment programme, targeting commitments of up to Rs 10 billion, with visibility on Rs 6 billion. This additional capital will provide Fund 2 with dry powder to capitalise on a pipeline of 5 million sq ft of assets currently in advanced stages of completion. The fund’s portfolio is expected to expand to 14-15 investments, up from the current nine. Expanding Portfolio & Future Growth With this expansion, Welspun One’s aggregate portfolio is set to reach 22 million sq ft, generating a projected net operating income of Rs 11 billion ($130 million) upon completion. This will take its assets under management (AUM) to Rs 110 billion. The fund has secured a highly differentiated portfolio of off-market opportunities, particularly in new-age warehousing assets, which are witnessing increasing demand from both occupiers and institutional investors. Strong Returns & Sector Growth Fund 2 is tracking a mark-to-market gross return of 24% equity-IRR (internal rate of return). This success aligns with India’s logistics and industrial real estate sector, which is projected to grow at a 15% CAGR, surpassing 590 million sq ft by 2027.

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