Everstone focusing on corporates, not warehouses
Indian PE firm Everstone Capital is not on track to raise a new real estate fund focusing specifically on warehouses and logistics, industry sources say, contrary to earlier media reports.
Everstone's current $240 million Indospace Logistics fund is only some 25% invested, and Everstone remains near-term negative on the general real estate market in India, AVCJ sources confirmed. The same...
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