financetom
Business
financetom
/
Business
/
Warehousing and logistics sees HNI interest in project development funds
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Warehousing and logistics sees HNI interest in project development funds
Aug 17, 2023 8:38 AM

A space that is finding new ways of wider investor interest, the blend of infra and commercial realty is warehousing. There is an existing global investor interest and even Indian high net worth individual (HNI)’s are finding the space attractive.

Is this space growing and are we to see even sizeable business trusts from the warehousing and logistics space in the future? CNBC-TV18's Nisha Poddar discusses with Yash Gupta, Director at SOY Asset Management; Alok Saigal, President & Head of Nuvama Private and Anshul Singhal, MD & CEO at Welspun One Logistics Parks.

Singhal pointed out that when you own a commercial real estate asset, it becomes valuable because it generates a steady income. Right now, warehousing is likely the fastest-growing section of the commercial real estate industry.

This is because people understand that as India's economy grows larger, there will be greater demand for companies that produce items, transport goods, and conduct online sales. The government is also helping this need for warehousing by encouraging initiatives like PLI and China Plus One.

Singhal further elaborated that grade-A commercial global quality warehousing of the kind that Welspun One is doing is in huge demand. The older kind of warehousing will not stand the test of time.

For a full interview, watch the accompanying

video.

First Published:Aug 17, 2023 5:38 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved