M&A
NDR InvIT acquires warehousing & industrial park in Lucknow for Rs.144-Cr
Mumbai-based infrastructure investment trust NDR InvIT has acquired MLG Warehousing & Industrial Park Pvt Ltd in Lucknow for INR 143.9 crore.The Grade-A warehousing asset spans approximately 4.63 lakh square feet of leasable area and is built on about 21 acres. It is currently 98% occupied and leased to clients across fast-moving consumer durables, third-party logistics (3PL), retail, and paint sectors.
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