WSB Real Estate Partners has forayed into the warehousing sector and is looking to invest over Rs 1,200 crore over the next two years.

A company official said that the firm is looking to build total warehousing assets spread over around 4 million sq ft during this period.

Managing Partner Vinit Prabhugaonkar said,"With the robust infrastructure and various government policy initiatives showing economic green shoots across the country, the warehousing and logistics sector presents significant potential for institutional investors. WSB, with its institutionalized investment management approach, will channelize more institutional capital in this space."

The institutional Investment manager is in talks with developers in key metro cities of Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Chennai, Bengaluru as well as select non-metro cities to undertake these warehousing projects.

The company’s maiden warehousing park will come up on a 16-acre land parcel with development potential of over 360,000 sq ft on NH71 in Delhi-NCR.