close

Puravankara hits pause button on warehousing JV with Morgan Stanley

Morgan Stanley is scouting for deals, signing JVs in warehousing

Morgan Stanley has set up a platform with Bengaluru-based Puravankara Projects for industrial parks
Premium

The duo had signed a JV in 2019 to develop greenfield war­e­housing properties in South­ern and Western India. The first of the projects was supposed to come up last year.

Mumbai
Bengaluru-based Puravankara has put on hold its warehousing joint venture (JV) with glo­bal investor Morgan Stanley and will focus on residential and commercial properties in the country.
 
The duo

Also Read

Morgan Stanley's bull case scenario sees Sensex at 61,000 by December 2021

Warehousing yields decline as global players race to invest in assets

Puravankara eyes bigger share from commercial properties in 4-5 years

Sales of listed realty firms just 50% of highest Q4FY19 figures

Deals or distress: Realtors expect 25-30% jump in sales this festive season

Arvind SmartSpaces raises Rs 85 crore through H-CARE 1

FMCG major Emami aims decent margin in FY22 despite hike in input cost

Fabindia considers raising up to $1 billion via initial public offer

Wonderchef eyes Rs 400 crore revenue in FY22, says MD Ravi Saxena

Semiconductor chip shortage: Industries face further output cuts and delays

First Published: Sep 11 2021 | 1:10 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com