LOGOS India is a partnership between LOGOS Group and Assetz Property Group. LOGOS India is a partnership between LOGOS Group and Assetz Property Group, headquartered in Sydney and Singapore respectively, to set up a logistics and warehousing platform, which was announced earlier in August. The new venture will be called LOGOS India Logistics Venture. LOGOS India will now invest a total of $800 million, including the $400 million of equity capital that it has raised, and will raise another $400 million of debt finance, Ben Salmon, chairman, LOGOS India and CEO, Assetz Property Group told Mint. Canada Pension Plan Investment Board (CPPIB) and Everstone Group’s industrial and logistics real estate development platform, IndoSpace, announced a joint venture named IndoSpace Core in May to acquire and develop modern logistics facilities.
Source: Mint October 24, 2017 09:33 UTC