Welspun logistics subsidiary to invest Rs 2,000 cr in warehousing
WAREHOUSING & LOGISTICS

Welspun logistics subsidiary to invest Rs 2,000 cr in warehousing

Welspun One Logistics Parks (WOLP), an asset management company, intends to invest approximately Rs 2,000 crore in developing and leasing a portfolio of seven-eight million square feet of grade-A warehousing space across India.

The Welspun Group-backed platform will build these warehousing parks in pre-identified high-growth markets like -- Mumbai, Pune, Bengaluru, NCR, Chennai, Kolkata, and Lucknow.

In addition, the company plans to build warehouses in high-potential Tier-II and -III markets.

The fund is currently in advanced talks with landowners in Tier-I cities such as Bengaluru, Delhi, Kolkata, Mumbai and Pune to acquire land parcels ranging from 40 to 75 acres.

The fund is building and operating a 300-400 acre warehousing portfolio.

Tenants from e-commerce, FMCG, third-party logistics, pharmaceuticals, and auto-ancillaries will be leased for a long time in these parks.

Welspun One also has a transaction pipeline double the size of its Bhiwandi project, with demand coming from e-commerce, third-party logistics, manufacturing, and pharmaceutical industries.

The company recently launched Welspun One Logistics Parks Fund I, the first warehousing alternate investment fund (AIF) in India, and is nearing the end of the fundraising process.

Within two months of its launch, the fund had its first close, thanks to strong interest from corporations, family offices, and high-net-worth individuals.

Despite the fall of other commercial real estate segments in recent quarters, the warehousing market has stood out, driven by e-commerce and third-party logistics growth.

Image Source


Also read: E-commerce boom to boost warehousing in India

Also read: IndoSpace to invest $300 mn to acquire land in warehousing

Welspun One Logistics Parks (WOLP), an asset management company, intends to invest approximately Rs 2,000 crore in developing and leasing a portfolio of seven-eight million square feet of grade-A warehousing space across India. The Welspun Group-backed platform will build these warehousing parks in pre-identified high-growth markets like -- Mumbai, Pune, Bengaluru, NCR, Chennai, Kolkata, and Lucknow. In addition, the company plans to build warehouses in high-potential Tier-II and -III markets. The fund is currently in advanced talks with landowners in Tier-I cities such as Bengaluru, Delhi, Kolkata, Mumbai and Pune to acquire land parcels ranging from 40 to 75 acres. The fund is building and operating a 300-400 acre warehousing portfolio. Tenants from e-commerce, FMCG, third-party logistics, pharmaceuticals, and auto-ancillaries will be leased for a long time in these parks. Welspun One also has a transaction pipeline double the size of its Bhiwandi project, with demand coming from e-commerce, third-party logistics, manufacturing, and pharmaceutical industries. The company recently launched Welspun One Logistics Parks Fund I, the first warehousing alternate investment fund (AIF) in India, and is nearing the end of the fundraising process. Within two months of its launch, the fund had its first close, thanks to strong interest from corporations, family offices, and high-net-worth individuals. Despite the fall of other commercial real estate segments in recent quarters, the warehousing market has stood out, driven by e-commerce and third-party logistics growth. Image Source Also read: E-commerce boom to boost warehousing in India Also read: IndoSpace to invest $300 mn to acquire land in warehousing

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?