India's first perpetual warehousing and industrial parks InvIT listed on the National Stock Exchange, ndr invit trust , has inaugurated a 1 lakh sq ft (0.1 million sq ft) warehousing facility at Verna Industrial Estate, South Goa. The development marks a significant milestone in the company's regional expansion, taking its total portfolio in the state to approximately 1.3 million sq ft and establishing NDR as the largest developer in Goa.

Key Details of the Verna Facility

The newly inaugurated facility is fully operational and has been leased to a leading manufacturing client, reflecting strong occupier interest in high-quality, compliant warehousing solutions in the region. The following table summarises the key parameters of the development:

Strategically located in Verna, one of Goa's key industrial hubs, the facility benefits from strong connectivity to major highways, ports, and industrial clusters. It is designed to cater to manufacturing and industrial occupiers, incorporating efficient layouts, scalability, and compliance with modern warehousing standards.

Leadership Commentary

Speaking on the occasion, Amrutesh Reddy, Director, NDR InvIT Managers Private Limited, said: "Goa is fast evolving as a credible industrial and manufacturing hub, and this development marks an important step in our strategy to expand into high-growth, underpenetrated markets. Our Verna facility is built to global standards and tailored to the needs of modern manufacturing occupiers. With this inauguration, we are not only strengthening our presence in the state but also reinforcing our commitment to building high-quality infrastructure that supports India's manufacturing-led growth."

About NDR InvIT Trust

NDR InvIT Trust is India's first perpetual warehousing and industrial parks InvIT. The Trust's portfolio and key metrics are outlined below:

The Trust's tenant base spans sectors including third-party logistics, e-commerce, technology, engineering, automobiles, white goods, retail, and FMCG. Through its platform, NDR InvIT Trust focuses on enabling sustainable economic and social growth through strategic infrastructure investments.

NDR InvIT Trust has announced a significant acquisition deal to purchase the complete 100% stake in NDR Unique Space for ₹2.85 billion. This strategic transaction marks a major expansion in the trust's real estate investment portfolio.

Transaction Details

The acquisition involves the complete ownership transfer of NDR Unique Space to NDR InvIT Trust. The deal structure provides the trust with full control over the acquired entity's operations and assets.

Strategic Implications

This acquisition represents a significant strategic move for NDR InvIT Trust, demonstrating its commitment to expanding its real estate asset base through targeted investments. The complete stake acquisition ensures full operational control and potential synergies between the trust's existing portfolio and NDR Unique Space's assets.

The ₹2.85 billion investment underscores the trust's confidence in the target company's value proposition and growth potential. This transaction is expected to enhance the trust's overall asset diversification and strengthen its position in the real estate investment sector.