Published On:December 19 2024
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Welspun One to Raise ₹4,000 Crore from Global Funds to Double Its Portfolio.
Logistics and warehouse developer Welspun One is planning to raise ₹4,000 crore to expand its portfolio from the current 16 million square feet (msf) to 32 msf by 2028. The company aims to attract investments from private equity firms and sovereign wealth funds across Asia and other regions, with fundraising expected to be completed within the next 9–12 months.
Strategic Growth Plans
Welspun One has already identified a pipeline of 8 msf across multiple assets for acquisition and is exploring financial and strategic partnerships at the General Partner (GP) level. These alliances are designed to broaden its investor base and position Welspun One as a key platform for global investors seeking exposure to India’s rapidly growing logistics sector.
The company has committed 75% of its ₹2,275 crore Fund 2 within six months of its final close earlier this year and has already returned 40% of the capital from Fund 1 through two successful exits. By 2026, it expects to reach an AUM of $1 billion across 16 Grade A assets, solidifying its position as a major player in the logistics and warehousing sector.
Attracting Global Partnerships
Welspun One views partnerships with international investors as the next logical step. These alliances will bring access to global best practices, advanced technologies, and blue-chip tenant networks, which are expected to enhance leasing velocity, market share, and investor returns.
“This approach not only secures capital but also sets a new standard for efficiency, adaptability, and long-term value creation,” said Yash Ravel, CEO Fund Management, Welspun One.
Enhancing Tenant Benefits
The company emphasized that tenants would benefit from a wider network of high-quality assets and advanced supply chain solutions tailored to adapt to market dynamics. This strategic focus is expected to accelerate the platform’s growth and strengthen its market position.
Welspun One’s ambitious expansion underscores the growing demand for state-of-the-art logistics and warehousing infrastructure in India, driven by rapid e-commerce growth and supply chain modernization.
HBL