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Horizon Industrial Parks to infuse Rs 2,000 cr across South India

Monday, 28 Mar 2022
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Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, is looking to expand its presence across key southern markets. 
The company plans to make an investment of more than Rs 2,000 crore to build nine million sq ft of logistics facilities across South India over the next few years. 
The southern region is an important market to the company with over 40 percent of its current portfolio concentrated in Karnataka, Tamil Nadu and Telangana. 
Horizon Industrial Parks will focus on segments such as manufacturing, third-party logistics and ecommerce to expand its footprint. 
Horizon Industrial Parks' portfolio currently comprises 16 Grade-A logistics and warehousing assets, spanning over 24 million sq ft of total development potential, in Bengaluru, NCR, Hyderabad and Pune.
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