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Australia's integrated logistics real estate firm LOGOS Group (LOGOS) today said it has expanded its operations to India through a partnership with Assetz Property.
The partnership has established a new standalone platform named - LOGOS India, the company said in a release issued here.
The LOGOS India will initially focus on the key logistics hubs of Mumbai, Pune, Chennai, NCR, Bengaluru, Hyderabad and Ahmedabad.
"We are pleased to announce this key strategic move to expand our operations into India. We are seeing extensive demand from our existing and new customers for institutional grade logistics facilities in the region," LOGOS Joint Managing Director Trent Iliffe said.
The partnership will combine the institutional management and development expertise of LOGOS with the local development expertise of Assetz to create a leading developer and manager of logistics warehouses and light industrial real estate in India.
"I am confident that this association with LOGOS will deliver a market leading warehousing and logistics business in India. We look forward to lending our local development expertise to LOGOS India," Assetz Property Group Co-founder and CEO Ben Salmon said.