KSH Infra raises over Rs.450-Cr from WSB Real Estate Partners, others to set up logistics park

Pune-based KSH Infra has raised over INR 450 crore to develop a 50-acre industrial and logistics park in Hosur, near Bengaluru. The funding includes INR 148 crore in equity from WSB Real Estate Partners and INR 52 crore from KSH Infra, with the remaining INR 250 crore to be raised as debt. The planned development has a potential built-up area of 1.25 million sq ft.WSB and its co-investors will hold a 74% stake in the JV, with KSH Infra holding the balance of 26%.