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Morgan Stanley Real Estate Investment Led By AZB & Partners In Their Stake In Pragati Group

Legal Era

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November 2019

Investment funds managed by Morgan Stanley Real Estate Investing (“MSREI”), the global private real estate investment management arm of Morgan Stanley Investment Management, has purchased a controlling stake in a warehousing development project being developed by Pragati Group.

Morgan Stanley Real Estate Investment Led By AZB & Partners In Their Stake In Pragati Group

Pragati Group has partnered with Morgan Stanley Real Estate Investing to develop Grade A logistics park in Delhi NCR. The 30-acre Logistics Park is located on NH 8 and branded as Pragati One. It will have Grade-A specifications. Morgan Stanley, which discontinued investing in the real estate sector a couple of years ago, has bought majority stakes in the warehousing developer and other such pro

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