Indospace

IndoSpace to invest Rs 4,500 crore in Tamil Nadu logistics parks

The investment will lead to over 8,000 job creation, accelerating economic growth and enhancing the state's industrial infrastructure

IndoSpace looking to invest Rs 4,500 cr logistics and warehouse parks in TN

Logistics parks operator IndoSpace on Tuesday said it is looking to bolster its presence in the manufacturing sector with an increased investment plan of up to Rs 4,500 crore in new logistics and warehouse parks in Tamil Nadu. A leading developer of Grade A industrial and logistics real estate, IndoSpace had last year signed an initial pact with the Tamil Nadu government for investing Rs 2,000 crore in the state's logistics industry. Tamil Nadu continues to be a preferred destination for global original equipment manufacturers (OEMs) with companies like Hyundai, Nissan, Foxconn, and Pegatron announcing significant expansions in the state, IndoSpace said, adding that the company has helped develop an ancillary ecosystem that supports these OEMs. "IndoSpace announces plans to increase its investments up to Rs 4,500 crore in new logistics and warehouse parks in Tamil Nadu. These parks will support the growing manufacturing sectors like automobile and electronics in the state," the ...

Canada's CPPIB invests $205 million in Indian co IndoSpace's new fund

Indian warehouse and parks developer IndoSpace on Monday said the Canada Pension Plan Investment Board (CPPIB) will invest $205 million in the company's new real estate fund

CPP Investments anchors new IndoSpace fund with $205 mn investment

Investment will add an additional 25-30 million square feet to real estate firm's portfolio

IndoSpace to invest Rs 3,000 cr in warehousing, logistics space in K'taka

Industrial and logistic parks developer IndoSpace on Friday announced that it will invest Rs 3,000 crore in Karnataka's warehousing and logistics space. The firm already has a strong footprint in the state with its Grade-A industrial parks operational in Bommasandra, Nelamangla I and upcoming facilities in Nelamangala II and Naraspura. IndoSpace said it has signed an initial pact with the Karnataka government for this proposed investment in the state. The pact is for a period of seven years and expected to generate 14,000 new jobs. This investment will help attract further investments in the state and help meet the increasing demands of industries linked with warehousing and logistics, the company said. Karnataka has a growing base in sectors like automobile, electronics, aerospace, agriculture, textiles and engineering and IndoSpace looks to help these industries with warehousing and logistics facilities, said Rajesh Jaggi, Vice Chairman for Real Estate, Everstone Group. IndoSpa

Private equity-backed warehousing companies on a leasing spree

India saw leasing transactions to the tune of 35 million sqft in FY22

IndoSpace enhances presence in west with two logistics parks in Gujarat

Spread over 90 acres, these two facilities are located in Becharaji and Bavla in Gujarat

IndoSpace commits Rs 1,000 cr for JV to build real estate, logistics parks

The partneship will focus on smaller markets such as Pune, Mumbai, Delhi-NCR, and Bengaluru.

Blackstone closes in on warehousing developer Indospace for top spot

Logistics is one of Blackstone's core investment themes globally. Since 2010, Blackstone has acquired more than 1.2 billion square feet of logistics

Värde Partners, New Vernon's Rs 1,000-cr realty deal hits approval wall

New Vernon's investment panel casts a cloud over Värde's earlier investments

IndoSpace closes $1.2 bn ILP III, takes total India commitment to $3.2 bn

Around $580 million of total equity has been committed to ILP III

IndoSpace to launch $500 mn fund targeting industrial, warehousing parks

IFC has proposed an equity investment of up to $25 million (not to exceed 20% of total commitments) in the fund

CPPIB, IndoSpace in $1.3-bn deal

Two entities will set up a JV called IndoSpace Core to develop logistics facilities in the country