Morgan Stanley considering the sale of its logistics park in India
In a series of significant moves, some of the world's leading investment firms have been making their mark on India's booming warehousing and infrastructure sectors.
Firstly, CVC Capital has completed a $445 million exit in India, though the specific nature of the portfolio firm and the purpose of the valuation remain undisclosed. Meanwhile, Prosus, CVC Capital, Avendus, Macquarie, Novo Holdings, Serentica, Statkraft, Carlsberg, Finnable, Matrix Partners, and others have been making headlines in the investment world.
Elsewhere, KKR has sold a $280 million stake in an unspecified Road Infrastructure Investment Trust (InvIT) in India. The potential sale of this stake comes as one of KKR's portfolio firms in India is seeking a valuation of over $500 million, indicating a promising future for the company.
The warehousing sector in India has seen increased investor interest in recent years, with newcomers such as Blackstone, Brookfield, and Piramal Group joining the scene. According to two people familiar with the matter, Morgan Stanley Real Estate Investing (MSREI) is in early talks to sell a warehousing project in India. The details of the project have not been disclosed, but the potential sale could mark another milestone in the sector's growth.
As these investment giants continue to shape the Indian market, it is clear that the country's warehousing and infrastructure sectors are set for a period of significant development and growth.
