Warehousing

Welspun One Will Invest Over 600 Crore Rupees to Establish a Warehousing Facility in Thane.

Morgan Stanley Real Estate Investing (MSREI) and industrial and logistics real estate developer Prakhhyat Group are developing a 7 lakh square foot warehouse complex in Bhiwandi, near Mumbai.

IndoSpace, sponsored by Everstone Group, expects to invest over USD 1 billion in new warehousing and logistics assets throughout India over the next two to three years.

Demand for e-commerce companies decreased as the pandemic subsided, whereas brick-and-mortar competitors rented 14% more space from January to June as demand increased.

IndoSpace Core, an industrial real estate investor, developer, and owner, acquired the Amazon Fulfilment Centre in Hyderabad from GMR Group for 188.1 crore.

Web Werks and NYSE-listed Iron Mountain Data Centres will jointly spend 1,400 crore to build a major data centre in Rabale, Navi Mumbai.

Transindia Real Estate is selling a logistics park in Haryana and a stake in several other facilities to Blackstone-managed funds for 687 crore.

Due to demography, ecommerce, and government assistance, Blackstone Group, a global private equity firm, is betting big on storage and logistics in India.

Singapore's sovereign wealth vehicle GIC is in discussions with warehousing developer ESR group to buy a 10 million square foot warehouse property for $400 million (about Rs 3,300 crore).

In response to rising warehousing demand in India, Stellar Value Chain Solutions, a tech-driven third-party value-added warehouse and distribution service provider, plans to add more than 10 million square feet to its logistics portfolio within two years.

Welspun One Logistics Parks (WOLP), an integrated fund and development warehousing platform, is partnering with GRT Group to develop two Grade-A warehousing facilities in Tamil Nadu with a combined investment of INR 700 crore.

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

MLL and Ascendas-Firstspace are creating a one million-square-foot multi-client warehouse in Talegaon, Pune. The facility will be built in three stages, with the first 500,000 square feet expected to be operational by the end of the 2023–2024 fiscal year.

Pragati Group, an industrial and logistics real estate developer located in the National Capital Region (NCR), has secured $200 million from a Singapore-based private equity firm for the development of industrial and logistics real estate assets.

Logistics infrastructure company NDR Warehousing plans to raise INR 2,000 crore via InVIT in 2023, in order to pay off previous debts and finance the development of new projects.