Strata raises Rs140 crore to invest in three Grade-A warehousing assets

Strata, a tech-enabled fractional investment platform for premium commercial real estate (CRE), has raised Rs 140 crore from investors to buy three grade-A warehousing asset opportunities amid the COVID-19 pandemic. Situated in Hosur, Strata Avigna Warehousing I and II has received 100 per cent commitment from investors within just 42 days of its launch. The assets are expected to offer investors an average rental yield anywhere between 9.5 per cent and 10 per cent year-on-year. These three assets, to be owned fractionally by investors, collectively account for 0.7 million sq ft of warehousing space.

“With global supply chains diversifying away from China to India, greater penetration of e-commerce, faster shift to 3PL, and companies eyeing higher inventory levels, we foresee an approximately 30 per cent growth in warehousing facilities in the coming years,” said Sudarshan Lodha, Founder, Strata.