India's Milestone exits Acorn Logistics Parks for $24m
Milestone Capital Advisors has exited its stake in warehouse complex Acorn Warehouse & Logistics Parks for $24 million, generating a 1.5x return.
Acorn is a 1.1 million-square-foot commercial asset that counts Tesco, Flipkart, Damco and Uniworldm among its tenants. The GP bought a stake in Acorn in 2008 through IL&FS Milestone Fund I, a rental yield...
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