NDR InvIT Trust Acquires Warehousing Asset in Hosur

17 Feb 2026 CW Team

NDR InvIT Trust, a Mumbai-based infrastructure investment trust, has acquired a grade-A fully operational warehousing asset in Hosur for Rs 2,850 mn, via a mix of cash and unit swap. The asset comprises one point seven eight million square feet (msf) of leasable area, including zero point eight eight million square feet of developed open yard, and is 100 per cent occupied with a weighted average lease expiry of 23.95 years. The transaction will be executed through a combination of cash consideration and unit swap.

Post-acquisition the InvIT’s operating area will expand to 21.46 msf and gross asset value will increase by Rs 2,940 mn. The acquisition marks the trust’s entry into its 17th city and is positioned in a rapidly growing electric vehicle and automotive manufacturing hub with strong connectivity to Bengaluru. Gross asset value increase follows internal valuation adjustments and will be reflected in forthcoming disclosures.

The trust described the purchase as a strategic expansion into a high-growth manufacturing corridor that enhances income stability owing to long-term leases and high-quality tenants. For the quarter ended December 31, 2025 the InvIT reported revenue from operations of Rs 1,058.9 mn and a profit before tax of Rs 422.6 mn, and it has proposed a distribution of Rs 743 mn for the quarter. Management indicated that steady occupancy and long leases underpin its decision to propose the distribution.

The portfolio spans 37 industrial parks and over 67 warehouses across 16 cities with the top 10 clients accounting for approximately 32 per cent of leased area. Industry data from JLL indicated that by 2025 total warehousing stock surpassed 610 million square feet with grade A spaces forming 53 per cent of supply, signalling growing institutional participation and quality upgrades. The trust will integrate the new asset into its existing operations and management systems to maintain service standards.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..