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Propshare Targets Rs 1000 Crore in Warehousing Assets as Indian Warehousing Sector Expands

PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.

By Admin

  • 10th Mar 2024
  • 1161 Views
Zomato Secures Its Largest Warehousing Space in Bengaluru

Zomato's biggest warehouse acquisition in India, a 3.08 lakh sq ft property at Sumadhura Logistics Park in Bengaluru, has improved its operations. This seven-year arrangement, mediated by Bengaluru's Sumadhura Group, shows Zomato's dedication to improving logistical efficiency.

By Admin

  • 10th Feb 2024
  • 1176 Views
India Introduces Bharat Mart - The New WareHouse Project in UAE

Bharat Mart, India's first UAE warehouse, will open in 2025. Similar to China's Dragon Mart, this programme allows Indian exporters to promote their goods. According to plans, Bharat Mart would span 100,000 square metres and include warehouses, retail, and accommodation.

By Admin

  • 16th Dec 2023
  • 1223 Views
Mahindra Logistics Unveils Six and Half Lakh SqFt Warehousing in Bhiwandi

Mahindra Logistics opened a 6.5 lakh-square-foot Grade-A warehouse in Bhiwandi, near Mumbai. This facility has 84 docks, a 13-meter clear height, and an 8 MT/M2 load capacity.

By Admin

  • 1st Oct 2023
  • 1261 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
  • 1296 Views
Welspun One Will Invest In Excess of INR 600 Cr to establish Warehouse Facility in Thane

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

By Admin

  • 7th Sep 2023
  • 1273 Views
Morgan Stanley Arm Prepares a Warehouse Development Near Mumbai

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.

By Admin

  • 29th Aug 2023
  • 1284 Views
IndoSpace Will Invest USD 1 Billion in The Acquisition of Warehouse and Logistics Assets

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.

By Admin

  • 12th Aug 2023
  • 1248 Views
Ecommerce Firms in India Reduce Warehouse Leasing Due to Falling Demand After Covid

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.

By Admin

  • 20th Jul 2023
  • 1240 Views
Singapore's GIC in Discussions to Acquire ESR Group's Warehousing Assets for INR 3300 Cr Approx

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).

By Admin

  • 8th Jun 2023
  • 1291 Views
Tech Driven Stellar Value Chain to Expand its Logistics Footprint in Excess of 10 Million SqFt in Around 24 Months

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.

By Admin

  • 8th Jun 2023
  • 1308 Views
Welspun One and GRT Group Will Invest INR 700 Crores to Develop a Warehouse in Tamil Nadu

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.

By Admin

  • 27th Apr 2023
  • 1280 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
  • 1346 Views
New 40 Acre Warehouse in Talegaon to Hold the First Automation Technology Centre For Mahindra Logistics

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.

By Admin

  • 2nd Apr 2023
  • 1326 Views
Gurgaon Based Warehouse Developer Pragati Group Raises USD 200 Million From Singapore Based Group

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.

By Admin

  • 7th Mar 2023
  • 1325 Views
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