+
Mapletree Logistics Trust acquires Rs 110 cr land parcel
WAREHOUSING & LOGISTICS

Mapletree Logistics Trust acquires Rs 110 cr land parcel

Singapore-listed Mapletree Logistics Trust has purchased a land parcel spread over 55 acres on the outskirts of Bengaluru worth Rs 110 crore to enhance its core asset portfolio.

The land, situated near Hoskote, marks the firm's foray into the Bengaluru market.

In 2021, Mapletree had ventured into the fast-developing logistics space with the acquisition of a majority share in logistics company KSH Infra from a unit of Morgan Stanley Real Estate Investing (MSREI) for about Rs 455 crore.

KSH Infra possesses two warehousing and industrial logistics parks in Pune with an area of approximately 1 million sq ft, which are leased to blue-chip multinationals.

The warehousing market in India is developing at a faster speed due to demand from 3PL and e-commerce companies. It has resulted in many large deals in the past two years.

Large institutional and logistics developers are betting big on the developing demand for warehousing in India, either by creating joint ventures with local partners or by financing on their own in the sector. The segment has witnessed some huge funds like ESR, IndoSpace, Logos and Blackstone allocating more capital to this sector. Yet, rentals will continue to be stable, with more supply impacting the market.

Colliers noted that the industrial and warehousing sectors drew $1 billion in 2021. Some of the large transactions closed last year comprised the Blackstone-Embassy Industrial Park portfolio deal. It was followed by Macrotech Developers (earlier Lodha Developers), Morgan Stanley, Xander Group (Industrial Platform) and JMFTZ investment in the warehousing space.

Mapletree Logistics Trust is Singapore’s first Asia-focused logistics real estate investment trust with income-generating logistics real estate in nations comprising Singapore, the US, Malaysia, China, Australia, India and South Korea.

Image Source

Also read: Land acquisition starts for Pune-Nashik railway line - Construction

Also read: Scindia holds meeting on kickstarting multi-modal logistics hub

Singapore-listed Mapletree Logistics Trust has purchased a land parcel spread over 55 acres on the outskirts of Bengaluru worth Rs 110 crore to enhance its core asset portfolio. The land, situated near Hoskote, marks the firm's foray into the Bengaluru market. In 2021, Mapletree had ventured into the fast-developing logistics space with the acquisition of a majority share in logistics company KSH Infra from a unit of Morgan Stanley Real Estate Investing (MSREI) for about Rs 455 crore. KSH Infra possesses two warehousing and industrial logistics parks in Pune with an area of approximately 1 million sq ft, which are leased to blue-chip multinationals. The warehousing market in India is developing at a faster speed due to demand from 3PL and e-commerce companies. It has resulted in many large deals in the past two years. Large institutional and logistics developers are betting big on the developing demand for warehousing in India, either by creating joint ventures with local partners or by financing on their own in the sector. The segment has witnessed some huge funds like ESR, IndoSpace, Logos and Blackstone allocating more capital to this sector. Yet, rentals will continue to be stable, with more supply impacting the market. Colliers noted that the industrial and warehousing sectors drew $1 billion in 2021. Some of the large transactions closed last year comprised the Blackstone-Embassy Industrial Park portfolio deal. It was followed by Macrotech Developers (earlier Lodha Developers), Morgan Stanley, Xander Group (Industrial Platform) and JMFTZ investment in the warehousing space. Mapletree Logistics Trust is Singapore’s first Asia-focused logistics real estate investment trust with income-generating logistics real estate in nations comprising Singapore, the US, Malaysia, China, Australia, India and South Korea. Image Source Also read: Land acquisition starts for Pune-Nashik railway line - Construction Also read: Scindia holds meeting on kickstarting multi-modal logistics hub

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?