Xander acquires another one million sq.ft in Chennai Free Trade Warehousing Zone

Singapore-based Xander Investment Management (Xander) announced that its industrial platform has acquired an additional one million square feet of warehousing space in Free Trade and Warehousing Zone (FTWZ) located at Sriperumbudur, near Chennai, Tamil Nadu. Xander already owns 1 million square feet of warehouses in the FTWZ acquired over the last decade, and the new acquisition will double its ownership in the Park to 2 million sq.ft.