Welspun One Logistics Parks (WOLP), India’s leading asset developer and fund manager in warehousing and industrial real estate, has strengthened its position in South India with the acquisition of about 51 acres in Hoskote, East Bengaluru and 56 acres in Devanahalli. With this, the company’s regional footprint has crossed 260 acres across Karnataka and Tamil Nadu.

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Welspun One expands South India footprint with 107acre acquisition
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Welspun One expands South India footprint with 107acre acquisition

Welspun One eyes 6 mn sq. ft. warehousing potential in South India with $250 mn investment across Bengaluru hubs.

The logistics and industrial (L&I) real estate manager Welspun One has committed 100% of its ₹2000 crore Fund 2, across nine Grade A assets within eight months of its final close.

#welspunone #logisticsandindustrial #realestate #warehousing #coinvestmentprogram

Welspun One commits all ₹2000 crore of Fund 2 in 8 months
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Welspun One commits all ₹2000 crore of Fund 2 in 8 months

The company has also launched a ₹1,000 crore co-investment program, with ₹600 crore already secured.