1.GIC expected to invest about Rs 7.50 bn out of the targeted corpus of Rs 22.50 bn.

The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.

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2.Lodha and ESR Join Forces to Develop Industrial Park in Mumbai

Lodha Group, India’s largest real estate developer, today announced a joint venture established between Lodha Group and ESR India, the India platform of leading Asia Pacific logistics real estate platform, for the development of ESR-Lodha Industrial Park at Palava City (the “Industrial Park”).

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3.Honouring the best of logistics and supply chain

ESR, a leading pan-Asia logistics real estate developer, owner and operator presents Warehouse Excellence Awards 2019 organised by Reed Manch Exhibitions. The upcoming edition of the awards will take place on June 20, 2019, at Shangri-La Hotel, New Delhi, where it will be co-organised with the India’s largest and the most popular event on intralogistics, India Warehousing Show.

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4.Where is India’s warehousing sector heading to?

Some developers are likely to command nearly 100 mn sq ft of Grade-A space

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5.ICRA: Foreign investors see growth opportunities in industrial warehousing

There is increasing demand for Grade A warehousing space because of the operational conveniences and cost benefits

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6.Warehousing, the sunrise sector for PE investments

Accounted for almost 19% of investments, the second highest in 2018

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