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ESR India, Xander Plan Warehouse Sale
Mint Chennai
|April 11, 2025
Xander Investment Management set up a $250 million industrial real estate venture in 2019
ESR India and Xander Investment Management are looking to monetize their respective warehousing assets in the country, three people familiar with the plans said, as investor interest in industrial real estate soars.
Both will aim to sell 100% of their stake in their respective portfolios to investors, the people cited earlier said, all of whom spoke on the condition of anonymity.
ESR India, a joint venture between Hong Kong-based ESR Group and Germany's Allianz Real Estate, is a prominent logistics and industrial real estate firm with around 10 million sq. ft of warehousing assets across cities in India.
This story is from the April 11, 2025 edition of Mint Chennai.
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