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EcoBox Parks Invests INR 400 Crore in Mannur, Chennai For Logistics Hub

EcoBox Parks, backed by Alta Capital, is investing ₹400 crore to develop a 1.2-million sq. ft. state-of-the-art logistics hub in Chennai’s strategic Mannur locality, strengthening India’s industrial infrastructure.

By Admin

  • 15th Jan 2025
  • 1215 Views
Yusen Logistics Expands in India with Strategic 200,000 Sq Ft Warehouse Lease Near Mumbai

Yusen Logistics India has leased a 200,000 sq ft built-to-suit warehouse in Palava near Mumbai from Macrotech Developers. This strategic move, part of Lodha Industrial & Logistics Parks, aims to bolster the Tokyo-based company’s distribution network in India.

By Admin

  • 5th Jan 2025
  • 1280 Views
ADIA Takes a Strategic Exit by Selling INR 1,926 Crore Stake in Mindspace Business Parks REIT

ADIA has exited Mindspace Business Parks REIT with a ₹1,926 crore block deal, selling 5.43 crore units at ₹354.3 each via its subsidiary, Platinum Illumination A 2018 Trust. This marks the end of its 9.2% stake acquired in 2022.

By Admin

  • 19th Dec 2024
  • 1230 Views
K Raheja Settles REIT Violation Case with INR 68.73 Lakh Payment

K Raheja Corp Investment Managers, the manager of Mindspace Business Parks REIT, has resolved a regulatory case with SEBI by paying ₹68.73 lakh as a settlement fee. The matter pertained to alleged REIT rule violations, and the company settled without admitting or denying SEBI’s findings.

By Admin

  • 30th Nov 2024
  • 1228 Views
Embassy Office REIT Raises FY25 Leasing Targets Amid Strong Corporate Demand

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

By Admin

  • 27th Oct 2024
  • 1241 Views
Singapore Real Estate Fund CapitaLand to Double India Investments to USD 11.3 Billion by 2028, Expands into Renewables and Private Credit

CapitaLand, Singapore's largest real estate manager, plans to quadruple its India FUM to SGD 14.8 billion (USD 11.3 billion) by 2028. This aggressive action supports its worldwide aim of SGD 200 billion (USD 153 billion) FUM in the same term.

By Admin

  • 11th Sep 2024
  • 1241 Views
KSH Infra to Invest INR 450 Crore in Developing a Logistics Park in Hosur, Tamil Nadu

KSH Infra, a leading developer of storage and logistics parks, would spend ₹450 crore in a 50-acre industrial and logistics park in Hosur, Tamil Nadu. This is KSH Infra's strategic southern Indian market entrance.

By Admin

  • 15th Aug 2024
  • 1318 Views
Actis and Mahindra Lifespaces Launch Joint Venture to Develop 16-17 Million Sq Ft of Industrial & Logistics Parks Across India

Actis, a London-based sustainable infrastructure investor, and Mahindra Lifespaces, the real estate and infrastructure development arm of the Mahindra Group, have formed a joint venture to build 16-17 million square feet of industrial and logistics facilities in India.

By Admin

  • 9th Aug 2024
  • 1930 Views
Which Are The 5 Government Initiatives That Will Boost the Indian Real Estate Sector & How?

India's real estate sector would benefit from the Finance Budget 2024's emphasis on affordable housing, infrastructure, and urban planning. The reasons are given by Ghar.

By Admin

  • 28th Jul 2024
  • 1321 Views
Fortune Hotels Launches in Tiruppur, Tamil Nadu

Fortune Hotels, part of ITC's hotel company, opened Fortune Park Tiruppur in Tamil Nadu's ancient city. Fortune Hotels' South India expansion is boosted by the hotel's location in India's textile and knitwear heartland.

By Admin

  • 26th Nov 2023
  • 1431 Views
SMFG India Credit and Fullerton Financial Holdings Lease Almost 2 Lakh Sq Ft in Embassy 247 Vikhroli, Mumbai

SMFG India Credit Ltd., an affiliate of Sumitomo Mitsui Financial Group (SMFG), and Fullerton Financial Holdings (FFH), an established NBFC, have signed a major leasing agreement with Embassy Office Parks REIT.

By Admin

  • 6th Oct 2023
  • 1879 Views
Leading Warehouse Player IndoSpace to Amplify Industrial Real Estate Portfolio, Aiming for 58 mn sq ft by 2028

Leading Warehouse Player IndoSpace to Amplify Industrial Real Estate Portfolio, Aiming for 58 mn sq ft by 2028

By Admin

  • 30th Sep 2023
  • 1457 Views
Embassy Office Parks REIT Raises 1050 Crore Indian Rupees Via NCD Issue

Embassy office parks REIT, the first listed REIT in India and the largest office REIT in Asia by area, has issued coupon-bearing Non-Convertible Debentures ("NCDs") totaling Rs 1050 crores.

By Admin

  • 8th Jun 2023
  • 1483 Views
IndoSpace Invests INR 1000 Cr For Expanding Warehousing Portfolio in NCR

IndoSpace, a developer of industrial and logistics parks, has invested Rs 1000 Cr to expand its warehouse presence in NCR

By Admin

  • 21st Apr 2023
  • 1487 Views
Mindspace REIT is Acknowledged as a Great Place To Work For The Second Consecutive Year

Mindspace Business Parks REIT has been designated a Great Place To Work for the second year running.

By Admin

  • 14th Mar 2023
  • 1406 Views
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