ESR India eyes acquisitions, to build in-city logistics centres

ESR India eyes acquisitions, to build in-city logistics centres

Photo: ESR

ESR India, an industrial and logistics real estate platform, is looking to step up land acquisitions to expand its portfolio, as well as build in-city distribution centres, prompted by a high demand by e-commerce and retail companies, said a top company executive.

In the last three months, ESR has closed two land acquisitions, in Gujarat and Chennai. In India, it is currently present in nine cities with 16 operational sites and a total gross floor area (GFA) of about 18 million sq ft.

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