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IndoSpace acquires logistics park near Gurugram from Orris Infrastructure

Wednesday, 13 Mar 2019
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IndoSpace, an industrial realty and warehousing developer, has acquired 70 acre logistics park from Orris Infrastructure on the outskirts of Gurugram, Haryana.

The is valued at Rs 60 crore. IndoSpace, backed by private equity fund Everstone Group, had closed its third and largest logistics real estate fund of USD 1.2 billion in 2018, raising its total commitment in India to over USD 3.2 billion.

The company plans to use the capital to acquire and build industrial and logistics projects.

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