GMR Airports Infrastructure’s stepdown subsidiary -- GMR Hyderabad International Airport (GHIAL) has divested around 8,18,000 sqft warehouse facility located at the Hyderabad Airport to ILP Core Ventures I PTE, a step down subsidiary of Indospace Core PTE, India’s largest operator of core logistics and industrial real estate vehicle. GHIAL signed the definitive agreements and closed the transaction with ILP Core Ventures I PTE at an enterprise value of Rs 188.1 crore.
This transaction is a testament of GMR Group’s capabilities in developing world class institutional grade real estate project assets and generating value through a successful exit. The resulting cash flows will help in deploying capital in expansion facilities and other growth opportunities at the Hyderabad Airport Land Development portfolio. The wide interest from multiple global investors also reaffirms Aerocities at large airports as a new age real estate ecosystem.
The said divestment of warehouse facility was concluded by means of divestment of 100% equity stake of GMR Hyderabad Airport Assets (GHAAL), a subsidiary of GHIAL and a special purpose vehicle that owned this warehouse facility. As such, post conclusion of the transactions, GHAAL would cease to be a subsidiary of the company.
GMR Airports Infrastructure (formerly known as GMR Infrastructure) is engaged in generation of power, mining and exploration activities, development of highways, infrastructure development, such as development and maintenance of airports and special economic zone; construction business, including engineering, procurement and construction (EPC) contracting activities and operation of airports and special economic zones.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 83.06 |
| GMR Airports | 101.31 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: