Strata raises 140 crore for Warehouse investment opportunity amid lockdown

Strata, a tech-enabled fractional investment platform for premium Commercial Real Estate (CRE), has raised Rs. 140 crore for a consortium of three grade-A warehousing asset opportunities amid the Covid-19 pandemic. Strata Avigna Warehousing I & II situated in Hosur, received 100% commitment from investors within just 42 days of its launch, while the pharma warehousing asset in Bengaluru was closed within a record time of just 7 days. The consortium of assets collectively computed for a total of 0.7 million sq. ft. of warehousing space.

📅 Published on: 05 October 2020
📖 Published in: Lifting & Specialized Transport July-September 2020
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