The shareholders of KSH Infra Pvt Ltd (“KSH Infra”), a Pune based warehousing and industrial logistics park developer, has sold a significant majority stake to an investment fund managed by Morgan Stanley Real Estate Investing (“MSREI”), the global private real estate investment management arm of Morgan Stanley Investment Management.
Avendus Capital was the exclusive financial advisor to KSH Group and its shareholders.
About KSH Infra
KSH Infra operates two warehousing and industrial logistics parks in Pune totaling approximately 1 million square feet, leased to blue-chip multinationals. KSH Infra was part of erstwhile KSH Group (a 40-year old established group with multiple businesses such as Internal Container Depot (ICD), manufacturing and 3PL logistics). Pursuant to the transaction, KSH Infra was demerged from KSH Distriparks Pvt Ltd which also operates an ICD out of Pune and has 3PL logistics business pan-India.
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