Singapore's CapitaLand launches $300m logistics fund in India

Photo: Reuters

Singapore’s CapitaLand, a prominent real estate fund manager, on Wednesday said it has launched its second logistics private fund of 2,250 crore to expand in India’s logistics sector.

CapitaLand India Logistics Fund II will invest in the development of logistics assets in key warehousing and manufacturing hubs in six cities – Ahmedabad, Bengaluru, Chennai, Mumbai, National Capital Region (NCR) and Pune, as well as in emerging markets such as Coimbatore, Guwahati, Jaipur, Kolkata and Lucknow.

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