Welspun One Unveils ₹1,000 Crore Co-Investment Program to Expand Fund 2 Portfolio

Mumbai, February 26: Welspun One, an integrated fund and management development platform, has launched a ₹1,000 crore co-investment program to bolster its second Alternative Investment Fund (AIF), Fund 2. The initiative aims to enhance its existing pipeline of 5 million sq ft of warehousing assets, which are currently in the final stages of closure.

With this expansion, Welspun One's aggregate portfolio will reach approximately 22 million sq ft, generating an estimated net operating income of ₹1,100 crore ($130 million) upon completion.

Scaling Up Fund 2 with Strategic Investments​

Fund 2, launched in March 2023, set out to raise a total corpus of ₹2,000 crore, including a ₹1,000 crore green shoe option. The fund has successfully secured off-market, differentiated warehousing assets, catering to the rising demand for advanced logistics solutions. These assets offer superior long-term returns fueled by evolving supply chain requirements, e-commerce expansion, and the adoption of tech-driven logistics infrastructure.

According to Welspun One, India's logistics and industrial (L&I) sector is projected to grow at a CAGR of 15% year-on-year, crossing 590 million sq ft by 2027. Within just eight months of its final close, Fund 2 has been fully committed across nine Grade A assets.

Co-Investment Program to Unlock Further Growth​

In response to the sector’s growing capital requirements, Welspun One’s co-investment program will target commitments of up to ₹1,000 crore, with ₹600 crore already in sight. This move will expand the fund's portfolio from nine current investments to 14-15 assets.

Anshul Singhal, Managing Director of Welspun One, emphasized that the quick deployment of Fund 2 validates the company’s ability to identify and execute high-quality opportunities efficiently. He added that the co-investment program will help capitalize on large-scale opportunities while ensuring portfolio diversification.

With this strategic move, Welspun One continues strengthening its presence in India's rapidly growing warehousing and logistics sector, attracting investors seeking high-value, future-ready industrial assets.