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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code