KSH Infra, WSB invest Rs 450 cr in logistics park in Hosurz

KSH Infra and WSB Real Estate Partners (WSB), along with co-investors, will develop a 50-acre industrial and logistics park at Hosur with an investment of Rs 450 crore. The two parties reached an asset-level joint venture. WSB along with co-investors holds 74 per cent and KSH INFRA has 26 per cent stake in the venture, a statement stated. The park has a developable area of 1.25 million square feet. KSH INFRA has built a strong presence in the industrial and logistics sector with six parks across India, including three successful exits at Chakan I, Chakan II, and Talegaon.