ESR-Allianz to invest $1 bn in Indian logistics market

In a JV, e-Shang Redwood (ESR) and Allianz Real Estate are planning to invest nearly $1 bn in India’s logistic market. The initial equity is reported to be $225 mn and is to be funded in a 50:50 ratio by the two companies.

Contact: Devashish Gupta, Director-Investments, Allianz Real Estate.

Address: Allianz Real Estate,

12 Marina View,14-01 Asia Square Tower 2,

Singapore-018 961.

Tel: 65-6-297 2529.

Website: www.mdoner.gov.in

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