Investment Thesis
- Industrial Asset
The asset is prime industrial facility, built to international standards. The asset quality and long lease terms point to stability and long term value appreciation. - Excellent Connectivity
The asset has easy access to multiple transport networks and is well connected to major cities in the region. These features make it a location of choice for manufacturers. - Tier-I Tenants
The two tenants in the asset are well established players in respective their industries and have existing operations in the region.
Overview
This is an opportunity to invest in an upcoming industrial & warehousing facility in Hosur, Tamil Nadu. The asset will span 1,24,721 sqft and the two tenants are leading manufacturers of automobile and railway components.
With an established location and pedigreed tenants, the asset is a lucrative long term investment.
Location
The asset is part of the Avigna Industrial & Logistics Park in Hosur, Tamil Nadu. The asset lies next to a state highway and is well connected by road, rail, and air to Bengaluru, Chennai, and other cities in the region.
As a major hub of manufacturing, Hosur is home to a large number of Indian and foreign manufacturers and logistics players such as TVS, Ashok Leyland, HUL, Titan, Capterpillar, Wakefit, DHL etc.
- Airport Hosur- 5 Km
- Highway National 44 - 10 Km State Highway 17A - 0.5 Km
- Railway Station Hosur Railway Station - 7 Km
Tenant Details
Tenant-I The tenant is a century old international manufacturer and supplier of equipment for the railway industry. Founded in France, the company has etched its name as a best-in-class solution provider for the public transportation industry. In 2016, the company was acquired by the one of the world’s largest manufacturer of locomotives and railway components. The company has an existing manufacturing facility in Hosur and will be using the asset as a warehousing unit. Tenant-II The tenant is a India based manufacturer in the business of designing, developing & manufacturing components such as heat exchangers, exhaust systems, flooring assembly, toolbox assembly etc. The enterprise owns 10 independent manufacturing plants spread across Maharashtra, Madhya pradesh and Tamil Nadu. Keeping in view of the future, the company has recently expanded to EV battery packs. The company will using the asset to expand its manufacturing operations to Hosur.
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Industrial Opportunity V
- Hosur, Tamil nadu 1,24,721 sqft
- Min Investment
- Rental Yield
- Target IRR
- Target Multiple
₹25 Lakhs
9.4%
12.8%
2.7x