
Warburg Pincus, Embassy in $250m India warehousing JV
Warburg Pincus and Indian real estate developer Embassy Group has formed a joint venture to build industrial parks with warehousing facilities in key cities in India.
The two parties will invest $250 million in the joint venture, called Embassy Industrial Parks, to fund land acquisition and development. There are plans to build and lease 15-20 million square feet over...
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