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CPPPIB, IndoSpace acquire 6 logistics parks for ₹3,000 cr
Financial Express Hyderabad
|November 26, 2025
CANADA PENSION PLAN Investment Board (CPPIB) and IndoSpace on Tuesday announced the acquisition of six industrial and logistics parks for 471 million Canadian dollars or around ₹3,000 crore.
The acquisition was made through IndoSpace Core, a joint venture established in 2017 to acquire and develop logistics facilities across India. Following this transaction, IndoSpace Core becomes the largest operator of stabilised industrial and logistics real estate in the country, with CPPIB holding a 93% stake in the venture.
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