GIC, ESR set up $600 million India JV to buy industrial, logistics assets
Strona 1 z 1
GIC, ESR set up $600 million India JV to buy industrial, logistics assets
GIC, ESR set up $600 million India JV to buy industrial, logistics assets
Singapore's sovereign wealth fund GIC and real estate investment manager ESR Group have partnered to set up a $600 million joint venture to buy profit-making industrial and logistics assets in India, they said on Thursday.
The game slot xo demo is based on the left-hand side of wheel 1, where the symbols can appear anywhere on the reels. Choosing a game like this will increase your chances of winning and winning money.
The new JV, in which GIC is an 80 per cent owner, is an extension of an existing partnership between the entities in the country. It will invest in "stabilised operational assets" in tier 1 and tier 2 cities of the country.
A host of Indian corporations, including logistics firm Blue Dart Express and staffing solutions provider Quess have been expanding in metros as well as smaller cities to tap into the demand for online shopping from the country's growing middle class.
GIC and ESR expect industrial and logistics assets to outperform other real estate and infrastructure assets in the medium term on the back of a surge in online shopping as well as store purchases.
"India is at the cusp of a supply chain transformation supported by automation, digitisation, and favourable government policies," ESR India Chief Executive Officer Abhijit Malkani said in a statement.
Singapore's sovereign wealth fund GIC and real estate investment manager ESR Group have partnered to set up a $600 million joint venture to buy profit-making industrial and logistics assets in India, they said on Thursday.
The game slot xo demo is based on the left-hand side of wheel 1, where the symbols can appear anywhere on the reels. Choosing a game like this will increase your chances of winning and winning money.
The new JV, in which GIC is an 80 per cent owner, is an extension of an existing partnership between the entities in the country. It will invest in "stabilised operational assets" in tier 1 and tier 2 cities of the country.
A host of Indian corporations, including logistics firm Blue Dart Express and staffing solutions provider Quess have been expanding in metros as well as smaller cities to tap into the demand for online shopping from the country's growing middle class.
GIC and ESR expect industrial and logistics assets to outperform other real estate and infrastructure assets in the medium term on the back of a surge in online shopping as well as store purchases.
"India is at the cusp of a supply chain transformation supported by automation, digitisation, and favourable government policies," ESR India Chief Executive Officer Abhijit Malkani said in a statement.
geemong- Klikacz
- Liczba postów : 19
Join date : 30/09/2022
Similar topics
» Simplify Your Logistics with OEX Fulfilio!
» Industrial iot
» Tell me, do you bet on sports in India?
» Where can you play live dealer table games in India?
» Hackers demand US$10 million for stolen Australian health records
» Industrial iot
» Tell me, do you bet on sports in India?
» Where can you play live dealer table games in India?
» Hackers demand US$10 million for stolen Australian health records
Strona 1 z 1
Pozwolenia na tym forum:
Nie możesz odpowiadać w tematach