Logicap, MEC join forces to offer logistics solutions across India

Logicap Management Ltd has entered into a joint venture with Mitsubishi Estate Capital (MEC) for the development of contemporary industrial and logistical solutions in the strategic industrial areas of India. The seed portfolio now encompasses planned and potential facilities in the National Capital Region of Delhi, intending to develop standard, eco-friendly facilities that serve industries ranging from basic manufacturing to rapidly developing e-commerce and information technologies. The starting portfolio of the joint venture comprises two mega units located in Gurgaon, Haryana in the NCR area. They are intended for various sectors from classic production to online sales. All of the facilities have been leased out immediately after their completion  in 2021 and early 2022. Situated entirely on premier transport corridors linking to industrial hubs, these assets will be relevant for rising supply chain demands in India.