Mirae Investments acquires Industrial Park in Bhiwandi for Rs.130-Cr
South Korea-headquartered Mirae Asset Global Investments has acquired an industrial asset in Bhiwandi (near Mumbai) for INR 130 crore from the Prakhhyat Group. ANAROCK Capital Advisors was the transaction advisor for the deal. The pre-leased Grade A warehousing property in K-Square Integrated Industrial Park is spread over 9 acres. It is tenanted by Rhenus Logistics, a global logistics services provider headquartered in Germany with operations in Europe, Asia and South America. This is Mirae Asset Investment Group's first acquisition under its India-focused funds allocation for high-grade real estate.
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