### **Overview** TVS Infrastructure Trust is a leading warehousing real estate investment trust in India, focused on owning, managing, and developing Grade A industrial and logistics parks across key economic corridors. As of November 2025, the trust operates a diversified portfolio of modern warehousing facilities across **18 locations in five Indian states**, offering high-quality, strategically located logistics infrastructure to a range of industrial and commercial tenants. The trust is sponsored and managed by **TVS Industrial & Logistics Parks Private Limited (TVSILP)**, a seasoned player within the TVS Mobility Group. TVSILP brings deep domain expertise in development, leasing, and operations, lending strong credibility and operational strength to the Trust. --- ### **Portfolio Performance (as of September 30, 2025)** - **Operational Portfolio:** - **9.2 million sq ft** of Grade A warehousing space - **Occupancy Rate:** **99.2%**, reflecting robust tenant demand and effective asset management - **Under Development:** - **1.4 million sq ft** of additional warehousing capacity underway - **48% pre-leased** as of September 2025 - Targeted completion: **March 2026** --- ### **Sponsor Strength & Strategic Advantage** - **Sponsor:** TVS Industrial & Logistics Parks Pvt. Ltd. (TVSILP) - Proven track record in building, leasing, and managing logistics infrastructure across India - Part of the **TVS Mobility Group**, which provides: - Strong brand recognition - Financial stability - Operational agility - Strategic access to industrial ecosystems and institutional networks - **Project Management:** TVSILP also serves as the **Project Manager** of the Trust, ensuring alignment between strategic vision and on-ground execution. --- ### **Key Locations & Market Dynamics (as of July–November 2025)** #### **Chennai & Western Corridor (Tamil Nadu)** - **Oragadam–Vaipur–Sriperumbudur**: - Core manufacturing zone for automobiles, electronics, glass, and home appliances - **Vaipur** benefits from proximity to Oragadam Industrial Corridor, large land availability, and growing Grade A supply - **Singadivakkam**: Emerging node with rentals of **INR 20–22/sq ft/month**; asset expected to command **INR 19–21/sq ft/month** - **Pillaipakkam Park**: 351,757 sq ft facility in SIPCOT, strong connectivity to industrial clusters - **Hosur**: - Strategic logistics and manufacturing hub on NH-44 - Hosts major OEMs (TVS Motors, Ashok Leyland, Toyota) - Upcoming **Satellite Town Ring Road** to boost e-commerce logistics - **Hosur Park**: 29.83-acre freehold land asset in Krishnagiri District, part of an established logistics cluster #### **Pune & Chakan (Maharashtra)** - **Chakan**: - Key industrial hub with strong access to Pune-Mumbai Expressway and Pune-Nashik Highway - Serves JNPT port, Mumbai, and the Pune Metropolitan Region (PMR) - Evolved from Grade B/C to Grade A dominance due to e-commerce and 3PL demand - **Chakan Park**: 17.09-acre freehold logistics park developed by Durgeshwari ILP - High absorption driven by FMCG, automotive, and logistics sectors #### **Eastern & Central India** - **Fulbari / Siliguri (West Bengal)**: - Emerging industrial-warehousing hub on NH 27 - Driven by retail, FMCG, and e-commerce demand serving northern India and Nepal - Presence of Bisk Farm, Parle, and Mondelez strengthens industrial ecosystem - **Cuttack (Odisha)**: - Located on Sambalpur-Cuttack Highway and NH-55 - New developments in **Banipada and Indranipatna** benefiting from proximity to IDCO lands and transport hubs - Grade A rentals: **INR 18–22/sq ft/month** - Expected to see **700,000–800,000 sq ft** of new supply over 2–3 years with balanced demand - **Chandaka (Bhubaneswar, Odisha)**: - Leading industrial micro-market, accounting for **43% of Bhubaneswar’s industrial demand** - Strong infrastructure, labor availability, and regulatory ease - Dominated by **Umang Group**; Grade A assets command premium rents - Limited new supply expected → **potential supply-demand gap** - Subject asset has frontage on 90-meter arterial road, enhancing visibility and access #### **Andhra Pradesh & Telangana** - **Visakhapatnam (Akkireddy Palem, West Cluster)**: - Fastest-growing warehousing market in the city - West Cluster accounts for **23% of total supply**, with **93% Grade A** - Supported by **Raipur-Visakhapatnam (RVEC)** and **Visakhapatnam-Chennai Industrial Corridors (VCIC)** - **Vishakapatnam Park**: 16.8-acre under-construction facility in Gurrampalem - **New supply limited (~0.15 million sq ft)** → expected rental growth - **Vijayawada (Kankipadu)**: - FMCG and e-commerce logistics hub with tenants like LG, Reliance Fresh, ITC - Strong connectivity via NH65 and NH16 - Asset to be completed by Q2 2025 #### **Coimbatore & Sulur (Tamil Nadu)** - **Sulur**: - Emerging warehousing destination with access to Kochi-Bengaluru corridor - Strategic location near Palladam–Cochin Frontier Road - Supported by airport expansion and upcoming **six-lane Karur–Coimbatore corridor (2028)** - **Coimbatore (Sulur) Park**: 21.88 acres, 521,879 sq ft chargeable area --- ### **Built-to-Suit (BTS) Developments & Leasing Strength** - **Sullurpet Park (Andhra Pradesh)**: - 44.10-acre facility, 1.37 million sq ft leasable area - Fully leased to a manufacturer of **composite parts and windmill blades** - Long-term lease with lock-in: **Phase 1 (12-year term, 5-year lock-in); Phase 2 (10 years, 4.5-year lock-in)** - **Other BTS Assets**: - Multiple BTS projects developed for specialized industrial tenants - Demonstrate strong relationships with anchor clients and long-term revenue visibility --- ### **Infrastructure & Asset Specifications** - Typical features across parks include: - Eave heights: **9–12 meters** - Floor load capacity: up to **5 MT/sqm** - High-performance **FM2 concrete flooring** - Lighting: **250 lux** - Strategic access to national highways, ports, and airports - Freehold land ownership across key assets