CBRE India’s Government Practice - a dedicated vertical for undertaking government and public sector mandates, recently crossed the coveted milestone of providing services across 100 top cities in the country.
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.
Safexpress, among India’s largest supply chain and logistics companies, has launched its ultra-modern logistics park in Rudrapur. This state-of-the-art facility is strategically located on National Highway 109. On this occasion, senior dignitaries from Safexpress were present to launch the Safexpress Logistics Park at Rudrapur. These included SK Jain, Vice President and Piyush Jain, Regional Manager-Uttarakhand and Mohit Rai, Area Manager, Rudrapur.
Welspun One Logistics Parks (WOLP) has launched its maiden 110 acre Grade-A warehousing park with a leasable area of 3.2 million sq ft and an estimated investment of Rs 9 billion (US$ 120 million) in Bhiwandi – a key warehousing market in Mumbai Metropolitan Region (MMR), India’s largest consumption centre.