Rs 500 crore raised by Welspun One
India's first domestic investor's warehousing fund Welspun One Logistics Parks (WOLP) has raised over Rs 500 crore through the initial close of its second Alternative Investment Fund (AIF), WOLP Fund 2.
The AIF aims to raise INR 2,000 crore, which includes a green shoe option of INR 1,000 crore. The Welspun One Logistics Parks plan to use the fund to develop 10-12 million sq ft across tier I and II cities, focusing on opportunities in Mumbai, Delhi, and Bangalore.
Also Read: Welspun One Plans To Raise Rs 2,000 Crore Via Largest Warehousing Fund