Welspun One Logistics Parks (WOLP) has successfully raised Rs 500 crores from domestic investors in just eight weeks for its second Alternative Investment Fund (AIF), WOLP Fund 2. The quick raise reflects strong investor confidence in Welspun One’s platform and the growth prospects of the warehousing and industrial sector in India. Fund 2 aims to raise Rs 2,000 crores and will add 10-12 million square feet of new projects to Welspun One’s portfolio, further solidifying its position in the market.
Balkrishan Goenka, Chairman, Welspun Group, expressed his commitment to providing India with top-notch warehousing and industrial real estate to support the government’s vision of reducing logistics costs and boosting competitiveness.
Anshul Singhal, Managing Director, Welspun One Logistics Parks, highlighted the exceptional investor response, with WOLP Fund 2 closing at Rs 500 crore within a remarkable eight-week timeframe, reflecting the growing trust and support from domestic investors for innovative infrastructure projects.