Home / Companies / News / Singapore-based Mapletree buys warehouse in Pune for Rs 300 crore

Singapore-based Mapletree buys warehouse in Pune for Rs 300 crore

Development and leasing of the project will be undertaken by KSH Infra

IT companies eye $80-billion pie as contracts up for renewal in 2019

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The deal pertains to 0.7 million square feet (sq. ft) of logistics park KSH in Pune

2 min read Last Updated : Jun 14 2020 | 10:36 PM IST

In one of the biggest deals in the warehousing and logistics space this year, Singapore-based developer-cum-investor Mapletree has invested Rs 300 crore in a logistics park project of Pune-based KSH Infra Industrial Park.

The deal pertains to 0.7 million square feet (sq. ft) of logistics park KSH in Pune. This is part of a 1.2 million sq. ft park that the firm is developing in the Chakan area of the city.

The entire development and leasing of the project will be undertaken by KSH Infra.

Mapletree has entered into a forward purchase agreement with KSH, wherein it will buy the

Topics : Mapletree Warehousing

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