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India’s Maiden Warehousing Fund for Domestic Investors

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Welspun_One
India’s Maiden Warehousing Fund for Domestic Investors

Welspun One logistics Parks (WOLP) is an industrial real estate platform and industrial real estate developer,  that seeks to provide an integrated investment, asset, and development management solution focused on the logistics warehouse sector in India. WOLP is the only warehousing platform backed by a multinational - the USD 2.7 Billion Welspun Group.

WOLP is an asset management and development platform which has entered into a Memorandum of Understanding (MoU) with the government of Haryana to develop large-scale warehousing facilities across the state.

The integrated fund, part of the $2.7 billion Welspun Group, will bring in a total investment of Rs 1,500 crores in the state. It aims to explore the available government land parcels to build Grade A warehousing facilities across key warehousing micro-markets.

The development potential of the projects through this deal is around 5 million sq ft to be built over 3-4 years and will also help generate more than 4,500 jobs.

The industrial & warehousing asset class in India faces a fundamental challenge: an inability to deploy capital due to a lack of expertise to source, unlock and buy land in the right locations. We address this issue by structuring our entire ecosystem to solve the locational needs of our tenants.

This includes innovative and out-of-the-box ideas to source land, a zero-tolerance policy for statutory non-compliance, and building an ‘A’ team for land acquisition: one that has the right mix of institutional finesse and a nuanced local approach.

We also offer landowners flexible models for partnership, such as our Development Management Programme (DMP), which helps us bring otherwise off-market sites to customers, thus unlocking better value for all our stakeholders.

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