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India’s logistics REIT launches ₹1,000-crore follow-on raise amid strong demand
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An Indian logistics REIT raised ₹1,000 crore for warehousing acquisitions, indicating strong investor demand and structural leasing momentum in India’s supply-chain sector.
A leading Indian logistics real-estate investment trust (REIT) announced a ₹1,000-crore follow-on equity raise, with anchor investors committing 65 % of the issue within the first hour. The REIT said proceeds will fund acquisition of two Grade-A warehousing assets in Mumbai and Chennai with 8–9% yield. Analysts view the transaction as signal of investor confidence in India’s logistics-infra leasing market and its structural demand from e-commerce, 3PLs and manufacturing exports. The successful raise could fast-track similar capital-raises in the real-assets segment.