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Welspun One Logistics Parks raises Rs 1k crore

The Business Guardian

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July 19, 2023

Welspun One Logistics Parks, an integrated fund and development management platform that invests in warehouse and logistics real estate, claimed to have raised Rs 1,000 crore within four months of the opening of its second fund.

Welspun One Logistics Parks raises Rs 1k crore

A green-shoe option to raise an additional Rs 1,000 crore has been opened, the company said July 18. The fund could raise as much as Rs 2,000 crore upon completion of the green-shoe option, making it among the largest in the domestic real estate alternative space, the company said in a statement.

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Delhi to expand underground power cable project to markets

The Delhi government is preparing to extend its project of shifting overhead power cables underground to major marketplaces in the city, aiming both to improve aesthetics and reduce hazards, officials said on Wednesday.

time to read

1 min

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