Welspun One targets 10 mn sq ft warehouse leasing over 3 years, doubling footprint
Welspun One plans to lease over 10 million sq ft of warehousing space in the next three years, doubling its current footprint. Active deals include a 5.9 lakh sq ft Amazon India facility, plus projects across Nhava Sheva, Thane, Pune, and Bengaluru spanning 1.2 to 4.5 million sq ft.
What happened
Welspun One plans to lease over 10 million sq ft of warehousing in three years, doubling its footprint, with deals including a 5.9 lakh sq ft Amazon India
Key facts
- 10 million sq ft
- 5.9 lakh sq ft
- 4.5 million sq ft
- 1.2 million sq ft
- 3.5 million sq ft
- 2.5 million sq ft
Why this matters
Welspun One's aggressive land-and-build cadence creates partnership openings for built-to-suit deals while raising the bar for any acquirer eyeing Indian warehousing platform consolidation.