Bangalore Warehousing Opportunity I

Investment Thesis

Growing Warehousing Hub
The asset is located in the Hoskote-Narsapura Belt, a fast growing warehousing hub that is home to several logistics players and International brands.
Excellent Connectivity
The asset lies on Old Madras Road (NH 75) which gives it excellent connectivity to East Bengaluru, Tirupati, and Chennai. The asset is also close to the upcoming Bengaluru-Chennai Expressway.
Tier-I Tenant
The tenant is a leading provider of end-to-end supply chain management and logistics services in India. The company is a specialist in providing logistics for high-end mobile phones, computers, and other electronic goods.

Overview

This is an opportunity to invest in an upcoming warehousing facility in Hoskote, near Bengaluru, Karnataka. The asset is part of an upcoming warehousing park and will span over 2 lakh square feet. The tenant is a leading provider of integrated logistics services.

Located in a growing warehousing hub and with long lease terms, the asset is an ideal long term investment.

Location

The asset is located on Old Madras Road, along the Hoskote-Narasapura Belt. The area is well connected to Bengaluru, Chennai, and Tirupati. The area is also close to the upcoming Bengaluru-Chennai expressway.

The area is a growing warehousing & manufacturing hub and is home to several Indian & International automobile, pharmaceutical, and electronics businesses.

Tenant Details

The tenant is a leading provider of end-to-end supply chain management and logistics services in India. The company’s parent is a BSE listed, $8 Billion group with 290+ international clients and a presence across Africa, Middle East, and East Asia. The company is a specialist in providing logisitics services for manufacturers of electronics, computers and high-end mobile phones.

Lease Start Date April 2023 - Lease End Date March 2038

2 Lock-in End Date March 2030 100%