Casagrand Distripark currently owns warehousing space, developed and underdeveloped, of around 1.5 million sq. ft.Mumbai: Warehousing firm Casagrand Distripark Pvt. Ltd (CGD), a developer and operator of industrial and warehousing parks, has initiated talks with private equity and infrastructure investors to raise around Rs500 crore, said two people aware of the development. Casagrand Distripark currently owns warehousing space, developed and underdeveloped, of around 1.5 million sq. In June, Singapore-based Ascendas-Singbridge Group announced a joint venture with Firstspace Realty to enter the Indian industrial logistics and warehousing market.

Source: Mint February 04, 2018 18:00 UTC