QuadReal joins global partners to launch new India logistics venture
QuadReal Property Group is pleased to announce today the launch of a new logistics venture in India, in partnership with Canadian company Ivanhoé Cambridge and the LOGOS India logistics platform formed in August, 2017 by LOGOS Property and Assetz Property Group.
The strategy of this initiative, to be known as the LOGOS India Logistics Venture, is focused on developing and owning high-quality, modern logistics facilities in targeted cities across India and will have up to US$800 million in investment capacity.
Consistent with QuadReal’s global investment strategy, Jonathan Dubois-Phillips (President, International Real Estate, QuadReal) noted that: “After extensive due diligence to understand the economic, demographic and government forces driving growth in India, we are delighted to be partnering with Ivanhoé Cambridge and LOGOS India to invest in the logistics sector in strategic Indian markets.”
To view the full media release from LOGOS India in PDF format, including observations on key markets and economics in India as well as comments on the strategy from our partners, please click the link below: