ESR to develop 38-acre Logistics Park at Chakan near Pune

ESR has announced that it will develop industrial and logistics facility at Chakan near Pune.
Spread over 38 acre, this facility will serve as the hub for light manufacturing and logistics operations in the western region of the country. It will be surrounded by some of the largest auto manufacturing industries of the country. Chakan is known as the ‘industrial hub of India’ and is one of the most prominent industrial clusters for engineering, automobile, electronics, FMCG and logistics corporations. This park is ESR”s second development in Chakan.
As of 30 June 2020, the fair value of the properties directly held by ESR and the assets under management with respect to the funds and investment vehicles managed by ESR recorded about US$ 26.5 billion. ESR has been listed on the main board of the Stock Exchange of Hong Kong since November 2019.