Welspun One Deploys Rs 20 Bn

28 Feb 2025 CW Team

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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..