Logicap, Mitsubishi Estate extend JV for industrial, logistics development in India

Logicap Management and Mitsubishi Estate Co. have expanded their partnership with a follow-on investment to develop 3.5 million sq ft of industrial and logistics infrastructure in India. This builds upon their initial joint venture, focusing on key markets like Chennai, Mumbai, and Delhi-NCR. The investment signals confidence in India's growing logistics sector and Logicap's development capabilities, aiming for a 13.