Promoted by Singapore headquartered private equity investor Everstone Capital and Annapolis, MD-based Realterm Global, IndoSpace Logistics Parks , closed its third logistics real estate fund at $1.2 billion. With this fund raise, the Mumbai-based developer of industrial and warehousing facilities has over $3.2 billion worth of assets under management.
IndosSpace has formed a strategic joint venture with Singapore investor GLP. Currently, it has a portfolio of 30 million square feet across developed and under-construction projects. Its portfolio includes 30 industrial and logistics parks in nine cities, making it the only national network in India.
