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

Thursday 29th Aug 2024    236
Blackstone, GIC Among 10 Bidders for Logos India?s Logistics Assets
 

Global investment firms including Blackstone and GIC are among the 10 bidders vying for Logos India’s three core logistics assets. These assets, collectively valued at over Rs 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 launched these assets as part of its broader restructuring and capital recycling plan. The properties, spread across key logistics hubs, offer investors an opportunity to tap into India’s growing e-commerce and retail sectors.

In addition to Blackstone and GIC, several other international and domestic investors have shown 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 expected in the coming months.

As India continues to experience rapid growth in logistics and warehousing, these assets present a valuable opportunity for investors looking to expand their portfolio in this sector.

 
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