Brigade Group has announced its foray into industrial real estate, with the launch of Brigade Industrial Park, a 25-acre industrial development in Devanahalli, North Bengaluru. Located in the Hi-Tech, Defence & Aerospace Park (Phase I), close to the Kempegowda International Airport, Bengaluru, this new development will offer around 2 million square feet of leasable space and will cater to the high-growth industrial sectors of the region including Aerospace & Defence, IT/ITES, and Data Centres. Brigade Industrial Park will feature innovation-led infrastructure, flexible leasing and built-to-suit options, with a strong focus on efficiency, security, and scalability.
Commenting on the development, Amar Mysore, Executive Director, Brigade Enterprises Ltd. said, "Brigade's ultimate goal is to be a full spectrum real estate developer, and this foray is rooted in that direction. The entry into industrial real estate marks a new milestone in Brigade's growth trajectory and by diversifying into this vertical we will be playing a key role in transforming a high growth sector that is ready for change. We will leverage our legacy of four decades of real estate excellence to create high-spec, futureready infrastructure that meets the sophisticated needs of the highly important and strategic sectors of Aerospace & Defence, IT/ITES and Data Centres. Brigade Industrial Park will be a catalyst for futuristic innovation, sustainable growth and help strengthen Bengaluru's position as a global hub for excellence."
Brigade Industrial Park will integrate sustainable building practices with modern technologies to ensure long term sustainability and hassle-free operational viability. By prioritizing eco-friendly infrastructure with an energy-efficient design, Brigade will be setting a new standard for responsible industrialization.
Shares of Brigade Enterprises Limited was last trading in BSE at Rs. 672.45 as compared to the previous close of Rs. 671.70. The total number of shares traded during the day was 21150 in over 1139 trades.
The stock hit an intraday high of Rs. 689.40 and intraday low of 668.10. The net turnover during the day was Rs. 14376460.00.