Panattoni builds Grade A warehouse in Delhi

Panattoni, a global industrial real estate developer, has launched its inaugural project in India with its Grade A warehouse park in Delhi, NCR, with an investment of ₹110 crore in the first phase. Phase 1 of the project covers an expansive 717,000 square feet, with a potential built-up area of 360,000 square feet, said the company. This investment emphasises the company’s commitment to contributing significantly to the country’s industrial growth. Further, the construction is scheduled to commence in March 2024 and is expected to be completed by the end of the fourth quarter of FY25.