NDR InvIT acquires warehousing assets in Kochi and Coimbatore
SEBI-registered infrastructure investment trust NDR InvIT has acquired two Grade-A, fully operational warehousing assets in Kochi and Coimbatore. The deal is done for a consideration amount of Rs 260 crores. This deal adds 0.79 million sq ft of leasable area, bringing the total operating area of the InvIT to 22.96 million sq ft.
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