Amazon gets warehousing centre from LOGOS under $100 mn rental deal

17 Sep 2021 CW Team

The 20 year long lease tenure amounts to a rental outflow of above $100 million.

The Amazon facility built by LOGOS includes a fulfillment center, receiving center, sorting centre, and Amazon Retail in a single place, allowing the firm to improve operational efficiencies and service the increasing demand in this area.

LOGOS Indian business CEO, Mehul Shah, said that the company is satisfied to have delivered a state-of-the-art warehouse facility for Amazon in record time despite the hurdles faced due to the COVID-19 pandemic.

This is LOGOS' first lease transaction with e-commerce major Amazon India.

LOGOS has a 50% interest in the LOGOS Devanahalli Industrial and Logistics Park beside Asset Property Group.

The Indian warehousing sector has seen notable attraction from both global and domestic investors and occupiers on the end of the goods and services tax (GST) reforms and important growth in e-commerce. LOGOS is committed to setting a new benchmark of high quality and sustainable logistics warehousing in India to help the significant infrastructure services required for India's new economy businesses, Shah said.

Singapore-headquartered, LOGOS has above 5 million sq ft of logistics assets operational and under construction space over National Capital Region (NCR), Chennai, and Bengaluru. Its development pipeline involves 12 million sq ft across Bangalore, NCR, Pune, Chennai, Mumbai, and Kolkata.

The Amazon spokesperson said that Amazon India announced its intentions to increase its fulfillment network in India, with a close to 40% rise in its storage capacity over last year. Amazon India’s overall fulfillment network will be spread over 10 million sq ft, floor area housing millions of products.

LOGOS MD and co-CEO Trent Iliffe told the media that with operations in 10 countries across the Asia Pacific, LOGOS has a powerful track record of assisting customers' growth both within the country and across the region.

Image Source

Also read: Over 15 tier-2 cities witness surge in warehousing demand

Logistics operator LOGOS has leased a million square feet of space in its new warehouse facility to Amazon India in a $100 million rental deal at the former’s Devanahalli Industrial and Logistics Park in north Bengaluru. The 20 year long lease tenure amounts to a rental outflow of above $100 million. The Amazon facility built by LOGOS includes a fulfillment center, receiving center, sorting centre, and Amazon Retail in a single place, allowing the firm to improve operational efficiencies and service the increasing demand in this area. LOGOS Indian business CEO, Mehul Shah, said that the company is satisfied to have delivered a state-of-the-art warehouse facility for Amazon in record time despite the hurdles faced due to the COVID-19 pandemic. This is LOGOS' first lease transaction with e-commerce major Amazon India. LOGOS has a 50% interest in the LOGOS Devanahalli Industrial and Logistics Park beside Asset Property Group. The Indian warehousing sector has seen notable attraction from both global and domestic investors and occupiers on the end of the goods and services tax (GST) reforms and important growth in e-commerce. LOGOS is committed to setting a new benchmark of high quality and sustainable logistics warehousing in India to help the significant infrastructure services required for India's new economy businesses, Shah said. Singapore-headquartered, LOGOS has above 5 million sq ft of logistics assets operational and under construction space over National Capital Region (NCR), Chennai, and Bengaluru. Its development pipeline involves 12 million sq ft across Bangalore, NCR, Pune, Chennai, Mumbai, and Kolkata. The Amazon spokesperson said that Amazon India announced its intentions to increase its fulfillment network in India, with a close to 40% rise in its storage capacity over last year. Amazon India’s overall fulfillment network will be spread over 10 million sq ft, floor area housing millions of products. LOGOS MD and co-CEO Trent Iliffe told the media that with operations in 10 countries across the Asia Pacific, LOGOS has a powerful track record of assisting customers' growth both within the country and across the region. Image SourceAlso read: Over 15 tier-2 cities witness surge in warehousing demand

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..