IndoSpace, the leading industrial real estate developer and provider of modern logistics in India has leased 122,256 square foot to Dream Plast in Chakan, Pune. Dream Plast is strengthening its manufacturing capabilities to meet the increasing demand from consumer goods industries.
Dream Plast is a subsidiary of the Italian Sunino Group of Companies. The company specializes in the production of promotional items for the confectionery market, food packaging, tops, sports articles, and childcare products. The facility at IndoSpace Chakan-I will be used to manufacture promotional toys for children.
Brian Oravec, Managing Partner of IndoSpace Development Management Private Limited said, “We are pleased to be the preferred developer for Dream Plast and look forward to meeting the company’s requirements. Our global industrial real estate experience along with local execution capabilities has enabled us to anticipate needs of Dream Plast and structure solutions that support their business plans.”
IndoSpace is the largest developer of industrial real estate in India today. Spread across 100 acres, IndoSpace Industrial Park Chakan I is a fully integrated industrial park. The park consists of 1.7 million square feet of modern warehouses and light manufacturing facilities that are designed to meet the manufacturing, logistics and supply chain needs of global companies.