Strata Exits Bengaluru Industrial Asset for Rs 35.3 Crore

Strata exits Bengaluru industrial asset for 35.3 crore, delivering 15.3% IRR and highlighting strong investor demand for leased industrial properties.
Strata Exits Bengaluru Industrial Asset for Rs 35.3 Crore

New Delhi, April 29, 2026: Real estate investment platform Strata has completed the sale of an industrial asset in Bengaluru for 35.3 crore, delivering strong returns to investors and marking a full exit from the investment.

Strong Returns for Investors

The transaction generated an internal rate of return (IRR) of 15.3% over a holding period of around five years, surpassing the initial target of 14.2%.

The asset was originally acquired in 2021 for 25.9 crore through a sale-and-leaseback deal and remained fully leased throughout the investment cycle.

Strategic Location Advantage

The property is located in the KIADB Industrial Area in Bommasandra, a key industrial hub in south Bengaluru. It sits within the fast-growing Bommasandra–Hosur corridor, known for strong demand from manufacturing and life sciences companies.

The facility spans:

• ~92,790 sq ft land parcel
• ~40,015 sq ft built-up and leasable area
• Includes manufacturing, warehousing and cold storage units

Stable Tenant Base

The asset was leased to Randox Laboratories, which occupied the facility throughout the investment period, ensuring steady rental income.

Growing Interest in Industrial Assets

This deal highlights continued investor interest in income-generating industrial and warehousing assets, especially those backed by long-term leases and strong tenant profiles.

Strata noted that this is its third successful exit across office, warehouse and industrial segments, with total investor exits exceeding 300 crore over the past two years.