DHL Supply Chain Locks 3.5 Lakh Sq Ft Chennai Warehouse Deal

REAL-ESTATE
Whalesbook Logo
AuthorRiya Kapoor|Published at:
DHL Supply Chain Locks 3.5 Lakh Sq Ft Chennai Warehouse Deal
Overview

DHL Supply Chain India has secured a significant 350,000 sq ft warehousing facility in Chennai, commencing December 15, 2025. The deal, valued at ₹77 lakh monthly rent, underscores robust demand for prime logistics spaces on the outskirts of major hubs. This expansion highlights the critical role of grade-A warehousing in supporting India's manufacturing and consumption growth.

DHL Expands Chennai Footprint

DHL Supply Chain India has leased approximately 350,000 square feet of warehousing space in Chennai. The facility is situated at Value Spaces Logistics & Industrial Park in Polivakkam. This strategic move is set to commence on December 15, 2025.

Financials of the Deal

The monthly rental for the leased space amounts to ₹77 lakh, equating to roughly ₹22 per square foot. Over an 11-month lease tenure, the annual rent is projected at ₹9.24 crore. If this rate persists for five years, the cumulative rental value could reach ₹46.2 crore. DHL Supply Chain paid a security deposit of ₹2.3 crore to the landlord.

Strategic Location and Demand Drivers

The industrial park's location in Polivakkam, near Thiruvallur, positions it well within a key warehousing cluster for Chennai. It offers vital connectivity to major arterial roads and industrial corridors. This area is crucial for automotive, electronics, and engineering sectors. Industry observers note that the region's attractiveness stems from available land, competitive pricing, and enhanced highway and port connectivity, fueling demand for organized warehousing development.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.