Welspun One plans to raise Rs 4,000 crore

Logistics and industrial real estate manager and developer Welspun One said on Wednesday it plans to raise capital $Invest Rs 4,000 crore to double its portfolio size from 16 million sq ft to 32 million sq ft by 2028.

The company said it has identified an 8 million square foot pipeline spanning multiple properties.

The financing process has generated interest from global investors who are also exploring financial and strategic partnerships at the general partner (GP) level, the company said in a statement. “These alliances will expand Welspun One’s investor base and position the platform as a nodal point for international investors seeking exposure to India’s rapidly evolving logistics landscape,” the company said.

strategic partnership

The company is looking to leverage global partnerships at the GP level. “For existing investors, working with a leading international capital provider and strategic operator improves their access to global best practice, advanced technology and an extensive network of blue-chip tenants,” it said.

The company said the partnership will increase the platform’s leasing velocity and market share and potentially improve returns for investors. It will also enable tenants to benefit from a wider network of quality assets and advanced supply chain solutions.

“India’s growth, driven by rapid urbanization, digitization and evolving global trade corridors, is spurring demand for modern, scalable infrastructure. Global capital providers seek trusted partners with proven execution capabilities and a track record of deploying billions of dollars at scale,” said Anshul Singhal, Managing Director of Welspun One.

Yash Ravel, CEO of Welspun One Fund Management, added: “By working with global partners with unparalleled expertise and capabilities, we not only secure capital but also set new standards for efficiency, adaptability and long-term value creation.”

75% of funds have been committed $Fund 2 raised Rs 2,275 crore within six months of final closure earlier this year and returned 40% of capital from Fund 1 through two exits. The company noted that its focused deployment strategy will bring its assets under management to peak at $1 billion ( $By 2026, 16 Class A assets will touch Rs 8,500 crore.

Welspun One builds and manages industrial and warehousing space, with integrated fund development and asset management capabilities, providing investment opportunities in logistics-focused real estate projects. It is the warehousing platform for Welspun World, a global conglomerate that spans textiles, flooring, advanced materials and infrastructure and manages sustainability projects around the world.