News
IndoSpace Core acquires 800 k sq ft Grade A warehousing asset at Hyderabad International Airport City
Hyderabad, June 7, 2023: IndoSpace Core, India’s largest logistics and industrial real estate vehicle, has acquired the Amazon Fulfilment Centre in Hyderabad from GMR Group.
The acquisition which spans over 0.8 million square feet increases IndoSpace’s portfolio to approximately 58 million square feet of advanced logistics and industrial infrastructure across 51 parks in India.
Rajesh Jaggi, Vice Chairman – Real Estate, Everstone Group, said, “We are thrilled to announce the extension of our presence into Hyderabad city with this acquisition in our IndoSpace Core portfolio. Hyderabad has established itself as a prominent market for logistics and real estate in India. This deal signifies another important milestone in our growth journey and underscores our unwavering commitment to offering world-class facilities to our valued clients.”
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