Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC's warehouses

Q: How long will it take to read this news story?

The story "Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC&#039;s warehouses" has 478 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC&#039;s warehouses" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 299 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22333322</li><li>URL: https://beamstart.com/news/horizon-industrial-parks-to-invest-17252926902795</li></ul>

Business Standard Logo Business Standard 5h ago

Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC's warehouses - Business Standard

Quick Summary:

During the 45 years of partnership, Horizon Industrial Parks will redevelop the government-owned assets into modern Grade-A facilities, tailored to tenants in fast-growing sectors like e-commerce, retail, third-party logistics, and cold chain.

Logistics platform Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, will invest Rs 700 crore to redevelop warehouses of state-owned CWC in 13 locations.

In a statement on Monday, the company said it has been "chosen as the lead partner by the Central Warehousing Corporation (CWC) to manage a portfolio of 13 last-mile logistics assets".