NDR InvIT acquires Grade-A warehouse in Lucknow worth ₹143.9 cr

NDR InvIT Trust expanded its footprint in northern India by acquiring MLG Warehousing & Industrial Park Pvt Ltd in Lucknow for ₹143.9 crore. The acquisition enhances its logistics & industrial real estate portfolio in Uttar Pradesh, a key warehousing hub. With growing demand for storage across FMCG, e-commerce and industrial sectors, this move strengthens NDR InvIT’s asset base and income visibility for unit-holders.