Welspun One Logistics Parks Fund 1 dedicates Rs 5 billion to AIF
WAREHOUSING & LOGISTICS

Welspun One Logistics Parks Fund 1 dedicates Rs 5 billion to AIF

In order to build a portfolio worth Rs 23 billion across five cities (MMR, NCR, Bengaluru, Chennai, and Lucknow), aggregating to around 6.6 million sq ft of gross leasable area, Welspun One Logistics Parks has committed 100% of its Rs 5 billion capital to six ventures.

The company launched India's first Alternative Investment Fund (AIF) that was specifically focused on warehousing expansion last year.

One million sq ft of the 6.6 million sq ft have already been delivered, and another two million sq ft are anticipated to be delivered in the second quarter of 2023.

In just over two years after its initial close, 50% of the firm's fund portfolio will be delivered, operating, and generating rent, according to the company.

Notably, there is significant room for leasing the remaining 60% of the portfolio, which is currently pre-leased to a distinguished group of tenants like Delhivery, Flipkart, FM Logistics, Tata Croma, and Ecom Express.

Also read:
Blackstone acquires 2.5 mn sq ft of warehousing near Delhi
Kanpur to get mega logistics park for cargo handling


In order to build a portfolio worth Rs 23 billion across five cities (MMR, NCR, Bengaluru, Chennai, and Lucknow), aggregating to around 6.6 million sq ft of gross leasable area, Welspun One Logistics Parks has committed 100% of its Rs 5 billion capital to six ventures. The company launched India's first Alternative Investment Fund (AIF) that was specifically focused on warehousing expansion last year. One million sq ft of the 6.6 million sq ft have already been delivered, and another two million sq ft are anticipated to be delivered in the second quarter of 2023. In just over two years after its initial close, 50% of the firm's fund portfolio will be delivered, operating, and generating rent, according to the company. Notably, there is significant room for leasing the remaining 60% of the portfolio, which is currently pre-leased to a distinguished group of tenants like Delhivery, Flipkart, FM Logistics, Tata Croma, and Ecom Express. Also read: Blackstone acquires 2.5 mn sq ft of warehousing near Delhi Kanpur to get mega logistics park for cargo handling

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?