NDR InvIT Trust has acquired a Grade-A warehousing asset in Pune for ₹2.03 billion, taking its gross asset value to ₹2.08 billion. The strategic purchase strengthens its logistics footprint in one of India’s fastest-growing industrial hubs, aligning with rising demand for modern storage and distribution facilities.
NDR InvIT Trust, a leading infrastructure investment trust, announced the acquisition of a premium warehousing property in Pune. The move reflects its focus on scaling high-quality logistics assets to meet India’s booming e-commerce and manufacturing needs.
Strategic Acquisition
The Grade-A warehousing asset in Pune, valued at ₹2.03 billion, enhances NDR InvIT’s portfolio of modern, compliant, and strategically located facilities. Pune’s industrial corridor is a key logistics hub, making this acquisition vital for long-term growth.
Financial Position
With this purchase, NDR InvIT Trust’s gross asset value now stands at ₹2.08 billion. The acquisition underscores its commitment to expanding revenue-generating assets while maintaining financial discipline.
Market Impact
India’s warehousing sector has seen rapid growth, driven by e-commerce, retail, and manufacturing. NDR InvIT’s investment positions it to capitalize on this trend, offering investors exposure to resilient infrastructure assets.
Key Highlights
-
NDR InvIT Trust acquires Grade-A warehousing asset in Pune
-
Deal worth ₹2.03 billion boosts gross asset value to ₹2.08 billion
-
Strengthens logistics portfolio in a key industrial hub
-
Supports growth in e-commerce and manufacturing-driven demand
Sources: Company announcement, Economic Times, Business Standard