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NDR InvIT Trust acquires MLG Warehousing at ₹143.9 crore valuation
M & A Critique
|November 2025
NSE-listed NDR InvIT Trust announced the acquisition of MLG Warehousing and Industrial Park in Lucknow, Uttar Pradesh, valued at Rs 143.9 crore.
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The Grade-A warehousing asset spans approximately 4.63 lakh sq ft of leasable area and is built on around 21 acres of land, and marks its strategic entry into Lucknow's logistics market, NDR InvIT said.
The warehouse is currently 98 per cent occupied and leased to leading clients across FMCD, third-party logistics, retail, and paint sectors, the platform said.
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