Allcargo co to sell Haryana logistics park for INR 636 cr
Transindia Real Estate (TREL) has agreed to sell its Jhajjar logistics park in Haryana for INR 636.71 crore. The deal will help TREL realize substantial value and maintain zero debt. The company also divested its 10% stake in Malur Logistics & Industrial Parks for INR 4.55 crore to Blackstone funds. The deal will generate over INR 433.37 crore in cash proceeds, enabling TREL to expand its operations and invest in emerging business growth opportunities.