CPP Investments, IndoSpace Acquire Six Logistics Parks for Rs 30 bn

26 Nov 2025 CW Team

The newly acquired portfolio spans 380 acres and offers nearly nine million square feet of leasable space across major logistics markets including Bengaluru, Chennai, Delhi, Mumbai and Pune. All six parks are fully developed, income-generating assets that further consolidate IndoSpace Core’s position as India’s largest operator of stabilised logistics real estate.

Hari Krishna V, Managing Director and Head of Real Estate India at CPP Investments, said that India’s logistics sector continues to benefit from structural growth, underpinned by urbanisation and a rising manufacturing base. He noted that the partnership with IndoSpace has enabled both organisations to access high-quality opportunities that can deliver attractive, risk-adjusted returns.

IndoSpace MD and CEO Anshuman Singh highlighted that India’s logistics sector has matured into a long-term investment opportunity supported by sustained demand and institutional interest. With over 60 million square feet delivered or under development, IndoSpace remains the country’s largest industrial and logistics real estate developer. He added that stronger manufacturing activity is driving demand for compliant, sustainable and high-quality warehousing infrastructure.

Following this acquisition, IndoSpace Core’s portfolio will grow to 22 million square feet of leasable space across 948 acres, serving more than 120 domestic and global companies in six leading industrial hubs—Bengaluru, Chennai, Delhi, Hyderabad, Mumbai and Pune.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

CPP Investments and IndoSpace have expanded their jointly held platform, IndoSpace Core, with the acquisition of six industrial and logistics parks valued at Rs 30 billion. IndoSpace Core, established in 2017, focuses on acquiring and operating stabilised logistics assets across India. To support the transaction, CPP Investments will commit Rs 14 billion. The pension fund currently holds a 93 per cent stake in the venture. The newly acquired portfolio spans 380 acres and offers nearly nine million square feet of leasable space across major logistics markets including Bengaluru, Chennai, Delhi, Mumbai and Pune. All six parks are fully developed, income-generating assets that further consolidate IndoSpace Core’s position as India’s largest operator of stabilised logistics real estate. Hari Krishna V, Managing Director and Head of Real Estate India at CPP Investments, said that India’s logistics sector continues to benefit from structural growth, underpinned by urbanisation and a rising manufacturing base. He noted that the partnership with IndoSpace has enabled both organisations to access high-quality opportunities that can deliver attractive, risk-adjusted returns. IndoSpace MD and CEO Anshuman Singh highlighted that India’s logistics sector has matured into a long-term investment opportunity supported by sustained demand and institutional interest. With over 60 million square feet delivered or under development, IndoSpace remains the country’s largest industrial and logistics real estate developer. He added that stronger manufacturing activity is driving demand for compliant, sustainable and high-quality warehousing infrastructure. Following this acquisition, IndoSpace Core’s portfolio will grow to 22 million square feet of leasable space across 948 acres, serving more than 120 domestic and global companies in six leading industrial hubs—Bengaluru, Chennai, Delhi, Hyderabad, Mumbai and Pune.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..