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.

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

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..