Cyril Amarchand Mangaldas (CAM) advised the Canada Pension Plan Investment Board (CPPIB) when it recently entered into a joint venture agreement with IndoSpace, India’s largest developer of modern industrial and logistics real estate, for the creation of IndoSpace Core, which will focus on acquiring and developing modern logistics facilities in India.
CAM’s team was led by Mumbai-based corporate and investment funds partner Shagoofa Rashid Khan and included real estate partners Hiral Motta, Gyanendra Kumar, Abhilash Pillai, Namrata Kolar and Mridul Kumbalath. Mumbai-based competition law partner Bharat Budholia advised on the competition law aspects of the transaction.
Referring to the transaction as a “landmark deal in the warehousing and industrial parks segment”, Khan told India Business Law Journal that it “signals the revival of investor confidence for large investments in real estate-backed sectors”.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
