Hiranandani – Blackstone JV to invest Rs2500 crore for 12 million sq ft warehousing
December 24, 2019: The US-based asset management company Blackstone and the Indian real estate developer Hiranandani has formed a 50:50 joint venture to develop industrial, logistic and warehousing facility in India with an initial investment of Rs2500 crore.
The platform will initially include 267 acres in Pune, 115 acres in Chennai, 73 acres in Nashik and 25 acres in West Bengal.24 Dec 2019 1:03 PM GMT
December 24, 2019: The US-based asset management company Blackstone and the Indian real estate developer Hiranandani has formed a 50:50 joint venture to develop industrial, logistic and warehousing facilities in India with an initial investment of Rs2500 crore.
The platform will initially include GreenBase’s, the logistics venture of Hiranandani, 267 acres in Pune, 115 acres in Chennai’s industrial suburb Orangadum, 73 acres in Nashik and around 25 acres in Durgapur, West Bengal, reports The Economic Times.
Next Story
Surat-based startup EVIFY raises INR 80 Lakh to accelerate EV...
5 July 2022 11:41 AM GMTDHL Aviation Bahrain starts 6 weekly freighter flights to Delhi
5 July 2022 10:30 AM GMT90% of APAC warehouse operators investing in nextgen automation tech
5 July 2022 9:54 AM GMTShree Maruti to set up micro fulfillment centers in 10 prominent...
5 July 2022 8:52 AM GMTEmirates SkyCargo takes delivery of new Boeing 777F
5 July 2022 6:48 AM GMTQatar Airways Cargo takes off with 'Moved by People' livery
4 July 2022 10:48 AM GMTIAMPL inks MoU with Tamil Nadu Govt, to expand manufacturing...
4 July 2022 10:01 AM GMT
