Blackstone, GIC Among 10 Bidders for Logos India?s Logistics Assets

29 Aug 2024 CW Team

Global investment firms, including Blackstone and GIC, are among the ten bidders vying for Logos India's three major logistics assets. These assets, collectively valued at over ?5,000 crore, are attracting significant interest due to their strategic locations and high growth potential.

Logos India, a prominent player in the logistics real estate sector, has put these assets on the market as part of its broader restructuring and capital recycling plan. The properties, spread across key logistics hubs, offer investors an opportunity to tap into the expanding e-commerce and retail sectors in India.

In addition to Blackstone and GIC, several other international and domestic investors have expressed interest in the assets, reflecting the growing demand for logistics infrastructure in the country. The bidding process is expected to be highly competitive, with final decisions anticipated in the coming months.

As India continues to witness rapid growth in logistics and warehousing, these assets represent a valuable opportunity for investors looking to expand their portfolios in the sector.

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