Warehousing

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.

LF Logistics, a Maersk subsidiary, has availed a warehouse space at Horizon Industrial Parks, Farukh Nagar, NCR.

Welspun One Logistics Parks (WOLP), a finance, development, and asset management company, signed a Memorandum of Understanding (MoU) with the Government of Karnataka to strengthen its position in the southern India warehousing business and invest Rs 2,000 crore in the state.

Net absorption of warehouse space is expected to reach 42.5 mn sq ft by the end of 2022, according to a forecast by JLL.The total vacancy rate drops significantly to reach 11.4% in H1 2022 as demand rises.

Demand for industrial and storage space in Pune is likely to reach a new high in 2022, fueled by restored confidence in the Indian economy and a renewed emphasis on manufacturing, as well as the buoyancy of e-commerce and third-party logistics (3PL) businesses.

Welspun One Logistics Parks (WOLP) has expanded its reach in the north with the signing of an agreement with the Haryana government.

Private fairness agency Blackstone Group has entered into a settlement with Delhi-based developer TARC Ltd to amass land parcels unfold over 36 acres in Delhi for ₹295 crores.

Ecommerce main Amazon’s India unit has entered into a settlement with Warburg Pincus-backed logistics growth platform ESR to lease 1 million sq ft of warehousing house on the Shamshabad locality in South Hyderabad in one of many largest logistics offers within the nation, mentioned individuals with

Warehousing realty is appearing as the next big bet in the Indian Real Estate market thanks to planners focusing constructing warehouses and logistic places. This trend is spurred by the growth in manufacturing and e-commerce industry. Make In India Campa