Fund News
Logistics-sector focused Welspun One to attract investment at GP level
Welspun One , an integrated fund and development management platform, is planning to raise INR 4,000 crore to double its portfolio size to 32 million sq ft by 2028 from the current 16 million square feet. The firm has identified a pipeline of 8 million sq ft across multiple assets to invest. It is also in talks to attract strategic partners at its “General Partner” or AMC level entity.Welspun One has committed 75% of its INR 2,275 crore of Fund 2, within six months of its final close earlier this year and returned 40% of the capital from Fund 1 through two exits. The firm is aiming at an AUM of USD 1 Billion (INR 8,500 crore) across 16 Grade A assets by 2026.Welspun One builds and manages industrial and warehousing spaces with integrated fund development, and asset management capabilities, offering investment opportunities in logistics-focused real estate projects.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
