Avendus Capital Advises Casa Grande on Sale of Its Warehousing Unit to Logos

This event hallmarks our journey through the complete infrastructure lifecycle of land -acquisition, development, leasing and the final step of exiting to a marquee platform. We are very excited about the development and look forward to working along with and gaining from LOGOS’s global expertise and scale

This is a strategic acquisition for LOGOS and we are pleased to have worked with Casa Grand Group on this important deal. The parks are very well located with access to one of the country’s largest ports, meaning they can efficiently service the high-volume consumption markets of the greater Chennai region and the industrial corridors of Southern India. Avendus acted as a vital link in achieving this milestone. Their professionalism and deep understanding of the deal making process was very valuable to this process,

We are witnessing significant interest from global investors in the Indian warehousing space in recent times with major players partnering with developers to create large platforms. The highly unorganised and under developed Indian industrial warehousing sector is expected to undergo an unforeseen transformation owing to rapid changes in business environment such as rise the of e-commerce, GST implementation, changing costs and Make-in-India movement. The anticipated demand-supply gap of Grade ‘A’ warehousing is expected to open up numerous investment opportunities in the future. Through this acquisition, LOGOS has made its maiden investment even as it plans to invest in the specialised logistics and industrial parks in India. This transaction re-affirms our belief in the attractiveness of overall Indian warehousing space.