MSREI- Prakhhyat Group inks warehousing project pact
Morgan Stanley Real Estate Investing (MSREI) has tied up with Mumbai-based Prakhhyat Group to develop a 7 lakh square feet warehousing project at K Square Logistics Park in Bhiwandi near Mumbai. This marks MSREI’s entry into the Bhiwandi micro-market of Mumbai and takes its total portfolio of logistics assets to over 56 lsf across the country. The project, branded ‘One K-Square’, will be built across 25 acres of land with top specifications. The development will offer warehousing solutions to institutional customers from e-commerce, third party logistics players. Prakhhyat Group will be the development manager and will be responsible for project execution, leasing, and asset management.
📅Published on:
30 August 2023
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Bihar to provide financial assistance
Karnataka has drawn up an Economic Master Plan to develop the Bengaluru Metropolitan Region (BMR) as a global growth hub and expand its economy to $400 billion
EMS Ltd has emerged as the lowest bidder (L1) for a Rs 218.65 crore sewerage and septage management project awarded by the Directorate of Local Bodies,
Commerce and Industry Minister Piyush Goyal has said India is the world’s best location for setting up data centres, highlighting the country’s growing
Shri Tarun Kapoor, Advisor to the Prime Minister, chaired a high-level review meeting at Bharat Coking Coal Limited (BCCL) headquarters in Dhanbad on August
According to the latest report by CareEdge Ratings, ‘Infrastructure Landscape: Vision for Viksit Bharat’, India’s infrastructure journey is entering a defining
State-owned NBCC has signed a Memorandum of Understanding (MoU) with NHPC to execute the latter's infrastructure projects across India, primarily covering
The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, will launch fisheries infrastructure projects under the Pradhan Mantri
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
