Temasek launches $300m India logistics platform
Temasek Holdings has joined Ascendas-Singbridge, its real estate-focused joint venture with state-owned development firm JTC Corporation, to launch a INR20 billion ($300 million) investment program for Indian logistics and industrial assets.
The program - to be managed by Ascendas-Firstspace, a recently launched joint venture between Ascendas and India’s Firstspace Realty - will develop industrial and warehousing assets totaling 15 million...
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