Logicap and Mitsubishi Estate Extend Partnership for Industrial and Logistics Development in India

What is the purpose of the joint venture between Logicap Management and Mitsubishi Estate Co.? A: The joint venture between Logicap Management and Mitsubishi Estate Co. aims to develop industrial and logistics infrastructure in India, focusing on key markets such as Chennai, Mumbai, and Delhi-NCR. Q: How much additional infrastructure will the new investment develop? A: The new investment will develop an additional 3.5 million sq ft of industrial and logistics infrastructure in India. Q: What are the key markets targeted by the joint venture? A: The key markets targeted by the joint venture include Chennai, Mumbai, Delhi, Pune, and Bengaluru. Q: What is the total portfolio size after the new investment? A: With the new investment, the joint venture’s portfolio will total nearly 5.5 million sq ft, including ready assets and new development projects. Q: What is driving the growth in India’s industrial and logistics sector? A: The growth in India’s industrial and logistics sector is driven by the country’s burgeoning economy, population growth, and increased demand for efficient infrastructure, particularly in key industrial hubs like Chennai and Pune.

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