IndoSpace Signs JV Deal for Warehouse with KSH Infra

IndoSpace Signs JV Deal for Warehouse with KSH Infra

Real estate giants IndoSpace and KSH Infra have announced a strategic joint venture deal for Warehouse to develop 10 million square feet of Grade A warehousing and logistics parks across India’s tier-1 cities.

Key Points:

• Investment: Rs 1,000 crore by IndoSpace over five years
• Focus: Premium micro-markets in Pune, Mumbai, Delhi-NCR, and Bangalore
• Project Size: 5-7 warehousing and logistics assets (average 1-2 million sq ft each)
• Sustainability Focus: Green buildings with zero-carbon footprint and energy/water savings

Partnership Benefits:

• Leveraging Expertise: Both companies will combine their strengths to deliver high-quality warehousing solutions for clients and investors.
• Market Expansion: KSH Infra will leverage IndoSpace’s market leadership to expand its pan-India footprint.

Company Backgrounds:

• IndoSpace: India’s largest developer of Grade A industrial real estate, with 42 parks and 48 million sq ft of existing and under-development space across 10 cities. Backed by Everstone Group, GLP, and Realterm.
• KSH Infra: Pune-based developer with over 3 million sq ft of completed industrial and logistics projects for multinational companies. Has partnered with global investors like Pacific Century Group, Mapletree Investments, and Morgan Stanley Real Estate Fund.

Market Growth Drivers:

• Increased Demand: The Indian logistics sector is experiencing significant growth due to factors like GST implementation and e-commerce expansion.
• Rising Warehousing Needs: Growing demand for warehousing space is driving investments in infrastructure and supply chain modernization.

Overall, this joint venture signifies a major development in India’s warehousing sector. By combining their expertise and resources, IndoSpace and KSH Infra are well-positioned to meet the rising demand for modern and sustainable logistics facilities in key Indian cities.

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in