Adani Logistics has signed a 28-year sub-lease agreement with Avenue Supermarts, the operator of DMart, for a 66,250 sq ft commercial facility in Panvel, Raigad district. Avenue Supermarts will pay an annual rent of Rs 20.2 lakh. This expansion supports DMart's growing retail network and Adani Logistics' portfolio, leveraging Panvel's strategic location near Mumbai with developing infrastructure.