Welspun One Warehousing Opportunities Fund

Overview

Welspun One Logistics Parks Fund I, a warehousing-focused Category II AIF, raised over $42 million (60% of its initial target) toward a $70 million maiden fund designed to enable development of Grade-A warehousing assets worth $265 million total (with associated bank financing). By November 2022, Fund I had committed 100% of its Rs 500 crore corpus across 6 investments, aggregating 6.6 million square feet of gross leasable area. A larger successor, Fund II, later closed at Rs 2,275 crore (~$272M) in July 2024.

Key Facts

Managed by

Welspun One

Fund size

USD 60M