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

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.

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

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

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