K Raheja Corp Forms JV With US Based Trologis

Real estate developer K Raheja Corp and US-based Trologis said on Wednesday that they had formed an equal joint-venture to develop warehousing and logistics infrastructure in India.

Both companies said after joint venture that the JV will invest Rs 23 billion to develop 7.5 million square-feet over three years for this business and will initially focus on projects in the four metros, Bangalore and Pune.

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