+
Allcargo partners with Blackstone to develop logistics parks
WAREHOUSING & LOGISTICS

Allcargo partners with Blackstone to develop logistics parks

Allcargo Logistics (Allcargo), one of India’s largest integrated, end-to-end logistics services providers has partnered with the global private equity investor – the Blackstone Group (Blackstone), to develop logistics parks in key consumption hubs in India.

Blackstone will invest up to Rs 3.80 billion in Allcargo to develop industrial and logistics parks across the country. The company also proposes to make its investment in the platform, by way of debt and equity.

Allcargo will retain a minority stake in the various logistics assets and transfer its debt as it relates to these specific assets to their relevant subsidiaries.

The transaction is expected to conclude in a phase-wise manner over the next 12 months, subject to satisfaction of customary closing conditions and achievement of certain milestones.

“The Indian warehousing sector is scaling an expansionary curve backed by a robust regulatory environment and government thrust in boosting manufacturing, e-commerce and organised retail. This sector has emerged as an attractive investment destination for global investors. Through this strategic tie-up, we reiterate our commitment and positioning to create a global benchmark in warehousing infrastructure and provide state-of-the-art warehousing solutions to our customers,” stated Shashi Kiran Shetty, Chairman, Allcargo Logistics.

Allcargo has completed and ongoing projects in advanced stage of developments for 6 million sq ft of Grade A logistics parks across the NCR-Delhi, Bengaluru, Hyderabad, Ahmedabad, Pune, JNPT in MMR (Mumbai), Hosur and Goa. About 80 per cent of the company’s warehousing portfolio is pre-leased of which close to 1.5 million sq ft is already income producing. The company further has projects in the planning stage for another 3 million sq ft.

This partnership will help Allcargo’s growing 3 PL (third party logistics) business and enable MNCs and Indian companies’ access to its world-class warehousing assets.

Allcargo is the global leader in LCL consolidation and one of India’s largest players in integrated logistics solutions. The company offers specialised logistics services across Multimodal Transport Operations, Container Freight Station Operations/Inland Container Depot Operations, Project & Engineering Solutions and Logistics Parks. Benchmarked quality standards, standardised processes and operation excellence across all the services and facilities, have enabled the company to emerge as the market leader in all these segments.

Allcargo Logistics (Allcargo), one of India’s largest integrated, end-to-end logistics services providers has partnered with the global private equity investor – the Blackstone Group (Blackstone), to develop logistics parks in key consumption hubs in India. Blackstone will invest up to Rs 3.80 billion in Allcargo to develop industrial and logistics parks across the country. The company also proposes to make its investment in the platform, by way of debt and equity. Allcargo will retain a minority stake in the various logistics assets and transfer its debt as it relates to these specific assets to their relevant subsidiaries.The transaction is expected to conclude in a phase-wise manner over the next 12 months, subject to satisfaction of customary closing conditions and achievement of certain milestones. “The Indian warehousing sector is scaling an expansionary curve backed by a robust regulatory environment and government thrust in boosting manufacturing, e-commerce and organised retail. This sector has emerged as an attractive investment destination for global investors. Through this strategic tie-up, we reiterate our commitment and positioning to create a global benchmark in warehousing infrastructure and provide state-of-the-art warehousing solutions to our customers,” stated Shashi Kiran Shetty, Chairman, Allcargo Logistics. Allcargo has completed and ongoing projects in advanced stage of developments for 6 million sq ft of Grade A logistics parks across the NCR-Delhi, Bengaluru, Hyderabad, Ahmedabad, Pune, JNPT in MMR (Mumbai), Hosur and Goa. About 80 per cent of the company’s warehousing portfolio is pre-leased of which close to 1.5 million sq ft is already income producing. The company further has projects in the planning stage for another 3 million sq ft. This partnership will help Allcargo’s growing 3 PL (third party logistics) business and enable MNCs and Indian companies’ access to its world-class warehousing assets.Allcargo is the global leader in LCL consolidation and one of India’s largest players in integrated logistics solutions. The company offers specialised logistics services across Multimodal Transport Operations, Container Freight Station Operations/Inland Container Depot Operations, Project & Engineering Solutions and Logistics Parks. Benchmarked quality standards, standardised processes and operation excellence across all the services and facilities, have enabled the company to emerge as the market leader in all these segments.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?