Welspun One Logistics Parks launches first AIF of ₹500 cr - The Hindu BusinessLine
Welspun One Logistics Parks launches first AIF of ₹500 cr January 19, 2021 × To acquire land parcels in high-demand, pre-identified markets and develop Grade-A warehousing parks to be leased on long-term basis to tenants Welspun One Logistics Parks, a fund backed by Welspun Group, has launched its first Alternate Investment Fund (AIF) with a target size of ₹500 crore. The AIF ― Welspun One Logistics Parks Fund I ― has a tenure of four years and hurdle rate of 15 per cent. It has already received a commitment of ₹75 crore from the Welspun promoter family office. The investment thes...
Source: thehindubusinessline.com