Firm Matters

Alta Capital Management - Logicap’s acquisition of Warehousing assets from Xander Investment Management

20-Aug-2026

Khaitan & Co advised Alta Capital Management LLP on the acquisition, through its logistics-based platform Logicap, of warehousing assets from Singapore-based Xander Investment Management.

The transaction comprises two separate tranches — the first, valued at approximately INR 1,500 crores, covers 2.6 million sq. ft. of logistics parks in Chennai and Kolkata, with the Chennai facility located within a free trade zone and the Bagnan (near Kolkata) property serving eastern consumption corridors. Both sites are currently operational and fully occupied. A second tranche, involving a further 1 million sq. ft. in Bhiwandi, is also being planned.

The Firm assisted in: (a) legal due diligence, (b) title due diligence, (c) drafting the transaction documents, and (d) execution and closing of the transaction.

Deal Team

The core team consisted of Deepak Jodhani (Partner), Abir Sarkar (Partner), Divyansh Joshi (Principal Associate), Devyani Modi (Senior Associate) and Radhika Goenka (Senior Associate)

The deal was assisted by:

Real Estate: Gaurav Dasgupta (Partner), Abhiraj Gandhi (Partner), Shreetama Chakraborty (Principal Associate)

Corporate & Commercial: Reshma Abraham (Counsel), Rahul Sunil Agarwal (Principal Associate), Richaa Mukhopadhyay (Senior Associate) and Subhadip Choudhuri (Associate)