Xander Group Eyes ₹2,000 Cr Exit from Logistics Portfolio in Chennai, Mumbai & Kolkata

Private equity firm Xander Group is reportedly preparing to divest its 3.5 million sq. ft. warehousing portfolio across India, targeting an expected valuation of over ₹2,000 crore. The move marks the culmination of a long-term investment strategy carried out over the past four to five years, according to individuals familiar with the matter.

Prime Warehousing Assets Across Three Major Cities

The portfolio comprises fully leased, income-yielding Grade A assets situated in prominent logistics corridors around Chennai, Mumbai, and Kolkata. These include two properties in Chennai—one of which is a Special Economic Zone (SEZ)—a strategically located warehouse in Bhiwandi near Mumbai, and another in Kolkata, acquired nearly seven years ago.

Long-Term Lease Stability Adds to Investment Appeal

According to sources, more than 95% of the portfolio is leased, with a Weighted Average Lease Expiry (WALE) exceeding five years. This lease stability, combined with asset quality and prime locations, is expected to attract institutional investors and strategic buyers seeking scalable entry or expansion within India’s growing logistics real estate segment.

Advisors Tapped as Strategic Sale Talks Begin

Xander Group is said to have appointed advisors to facilitate the sale process. Conversations are already underway with strategic and institutional investors, reflecting rising demand for warehousing assets amidst India's supply chain expansion and rising e-commerce penetration.

Logistics Real Estate Sees Growing Institutional Interest

This development is in line with broader industry trends. The Indian warehousing sector has been attracting strong investor attention driven by the country’s 'Make in India' policy, increasing manufacturing activity, and the rapid growth of third-party logistics (3PL) and e-commerce players.

Xander had previously built this portfolio in collaboration with Switzerland-based Partners Group, targeting high-demand micro-markets and regions with strong infrastructure connectivity. The proposed exit signals a well-timed monetisation of assets in a bullish logistics market.

News Disclaimer: This article is based on market sources and developments related to private equity and logistics real estate. Details may be subject to change based on formal disclosures or agreements. Readers are advised to perform independent verification before taking any business or investment decisions.