Alta Capitals acquires 2.5 Mn sq.ft space from Indospace

Investment firm Alta Capital has taken possession of logistics built and fully leased assets from Indospace spreading around 2.5 million sq. ft. The deal is one of the biggest warehousing and logistics assets acquisition in 2024, which involves purchase of over $100 million or 840 crores, as per the reports. The Grade A warehousing assets are in Ranjanagaon, Pune and Sri City, Chennai spreading across 1.3 million sq. ft and 1.2 million sq. ft, respectively. Post acquisition, Alta Capital now possess warehousing assets across India reaching 11 million sq. ft.