Business
September 11, 2023
3 min

IndoSpace Logistics Parks IV fundraising reaches $393M with ... - PR Newswire

IndoSpace, the largest investor, developer, and operator of industrial and logistics real estate in India, has successfully completed its second round of fundraising for IndoSpace Logistics Parks IV (ILP IV), securing an additional $150 million in investment. The round was led by the Qatar Investment Authority (QIA) and Grosvenor's Diversified Property Investments business. The funds raised will be used to develop state-of-the-art industrial and logistics parks across eight markets in India. ILP IV will add 25-30 million square feet to IndoSpace's portfolio and focus on India's largest logistics real estate markets.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry