The US private equity major has created the platform through several recent key acquisitions, including Embassy Industrial Parks, TARC and Allcargo Logistics with over half a billion dollars in investments.Ĭurrently, the platform has 35.5 million sq ft of logistics space under its portfolio and Greenbase Industrial and Logistics Park in association with Hiranandani. The firm has recently consolidated its warehousing portfolio under a holding company, Horizon Industrial Parks, to support its rapidly expanding logistics footprint across the country. Real estate accounts for nearly $20 billion of this market value across over 40 investments. We are also witnessing active leasing enquiries in emerging Tier II markets on account of the need for last mile delivery for customers," said Shyam Arumugam, managing director, Industrial and Logistics Services, Colliers India.īlackstone has emerged as the most aggressive institutional investor in India with overall assets under management estimated to be $60 billion across various sectors, making it one of the top 10 business groups in the country. "We are witnessing industrial demand pick up across cities such as Chennai, Pune, and Delhi-NCR. The Grade A absorption across key cities stood at 22 million sft with e-commerce and 3PL sectors once again dominating the space uptake. The share was led by the large spaces that e-commerce companies typically take up for their fulfilment centres.
With this expansion, Amazon.in will have more than 43 million cubic feet of storage capacity across 15 states supporting 8.5 million sellers across India.Īccording to Colliers, e-commerce companies leased 6.6 million sq ft of warehouse space in 2021, accounting for 29% of the total. Amazon India announced its plans to expand its fulfilment network in India with a close to 40% increase in its storage capacity last year.
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