Blackstone-owned Horizon Industrial Parks to invest Rs 700 crore to redevelop CWC's warehouses

Horizon Industrial Parks, under Blackstone Real Estate funds, plans to invest Rs 700 crore in redeveloping Central Warehousing Corporation's warehouses at 13 locations. The initiative aims to transform these assets into modern Grade-A facilities for sectors like e-commerce and retail. Knight Frank India facilitated this significant deal.