# Alta Capital’s Logicap buys Xander warehouses for Rs 1,500 crore 2026-08-09T18:06:32+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Alta Capital’s logistics platform Logicap has acquired 2.6 million square feet of warehousing space in Chennai and Kolkata from Singapore’s Xander Investment Management for about Rs 1,500 crore. The deal is part of a larger transaction valued at roughly Rs 2,000 crore that includes a planned acquisition of an additional 1 million sq ft in Bhiwandi, near Mumbai, in a second tranche. The purchase makes Logicap India’s third-largest warehousing operator, with a portfolio of about 25 million sq ft, behind Horizon Industrial Parks and IndoSpace. The acquired properties are fully leased to tenants including DHL Supply Chain, DB Schenker, and Flipkart. The Bhiwandi sale marks Xander’s exit from India’s warehouse sector, which it entered in 2019. ## Coverage - livemint.com Tags: Alta Capital, logistics, private equity, real estate, warehousing, Xander Investment Canonical: https://indianopinion.org/alta-capitals-logicap-buys-xander-warehouses-for-rs-1500-crore/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/alta-capitals-logicap-buys-xander-warehouses-for-rs-1500-crore/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.