India, March 10 -- Bengaluru-based developer Brigade Group has entered the industrial real estate segment with the launch of Brigade Industrial Park, a 25-acre project in Devanahalli in North Bengaluru. The development will cater to high-growth sectors such as aerospace and defence, IT/ITES and data centres, the company said in a regulatory filing on March 10.

Located within the Hi-Tech, Defence and Aerospace Park (Phase I) near Kempegowda International Airport, the project will offer around 2 million square feet of leasable space, the company said.

Amar Mysore, Executive Director, Brigade Enterprises Ltd, said the move marks a strategic diversification as the company looks to expand its footprint across multiple real estate segments.Al...