NDR InvIT Trust , India's pioneer listed warehousing and industrial park infrastructure investment trust, has made a strategic move into the Lucknow logistics market. The trust has acquired a Grade-A warehousing facility for ₹143.9 crore, marking its entry into this burgeoning Tier-2 city market.

Acquisition Details

Strategic Importance

The acquisition of this Grade-A warehousing facility in Lucknow is a significant step for NDR InvIT Trust. It aligns with the trust's strategy to build a national logistics network and positions Lucknow as a key distribution hub for North India.

Market Dynamics

Lucknow's logistics market has been attracting increased attention from warehousing and e-commerce players. This growing interest can be attributed to:

1. Improved highway connectivity
2. Rising demand for supply chain infrastructure in Tier-2 cities

Management's Perspective

N Amrutesh Reddy, Director of NDR InvIT Trust, emphasized the strategic importance of this acquisition. He stated that it supports the trust's goal of building a comprehensive national logistics network, while also establishing Lucknow as a crucial distribution hub for North India.

Implications for Investors

This acquisition by NDR InvIT Trust presents several potential benefits for investors:

1. Diversification into a new geographic market
2. Exposure to high-quality, Grade-A warehousing assets
3. Participation in the growing Tier-2 city logistics sector

As the e-commerce and logistics sectors continue to evolve, especially in Tier-2 cities, such strategic acquisitions may provide long-term value for infrastructure investment trust unitholders.

Investors should monitor how this acquisition impacts NDR InvIT Trust's overall portfolio performance and distribution yields in the coming quarters.

In a notable move in the real estate investment trust sector, retail tycoon Radhakishan Damani and the Aryaman Jhunjhunwala Discretionary Trust have made substantial investments in NDR InvIT Trust , signaling confidence in the company's growth potential.

Key Highlights of the Transactions

• Radhakishan Damani acquired 87 lakh shares worth Rs 100.00 crore
• Aryaman Jhunjhunwala Discretionary Trust purchased 58 lakh shares valued at Rs 66.70 crore
• Both transactions were executed at Rs 115.00 per share through block deals

Market Response and Performance

The market responded positively to these high-profile investments:

• NDR InvIT Trust shares closed at Rs 120.00, marking a 4.35% gain
• The stock hit a fresh 52-week high of Rs 122.00
• Over the past year, NDR InvIT Trust has delivered returns of 16.50%, outperforming both Nifty and BSE Sensex

Company Overview

NDR InvIT Trust has established a strong presence in the logistics and industrial real estate sector:

• Operates over 60 warehouses and 37 industrial parks
• Total portfolio spans 19 million square feet across 15 cities
• Serves diverse sectors including retail, e-commerce, manufacturing, and logistics

Recent Financial Performance

In its latest quarterly results, NDR InvIT Trust reported:

• Consolidated net profit of Rs 38.00 crore, a slight decrease of 2.60% year-over-year
• Total revenue surged by 42.00% to Rs 108.00 crore, indicating strong top-line growth

The investments by Radhakishan Damani and the Aryaman Jhunjhunwala Discretionary Trust, coupled with NDR InvIT Trust's robust market performance and expanding portfolio, suggest a positive outlook for the company in the growing logistics and industrial real estate sector.