BENGALURU: Logos Group, an Asia-Pacific region property logistics company, has entered into a partnership with real estate developer Assetz Property Group to expand its operations in India and raise a new fund.

The two partners have set up a standalone platform, Logos India, which is working on closing its first Indian logistics venture with an expected $400 million of equity commitments to potentially develop assets worth $1 billion.

The two partners have set up a standalone platform, Logos India, which is working on closing its first Indian logistics venture with an expected $400 million of equity commitments to potentially develop assets worth $1 billion.
“We are seeing extensive demand from our existing and new customers for institutional grade logistics facilities in the region. Our expansion in India continues to show Logos’ commitment to establishing itself in growth markets alongside our important customer relationships,” said Trent Iliffe, joint MD at Logos group. The JV plans to develop about 20 million sq ft of warehouse and logistics space across cities including Chennai, Gujarat, Hyderabad.

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