GLP buys stake in IndoSpace managed investment vehicles with AZB

“Private equity firm Everstone Group-backed industrial real estate company IndoSpace and modern logistics and technology-led solutions provider GLP have entered into a long-term strategic partnership. As part of the joint venture (JV), GLP will co-invest in IndoSpace’s managed investment vehicles,” reported Mint.

AZB & Partners advised Global Logistic Properties led by partners Ashwath Rau and Kashish Bhatia, senior associate John Adwet Raghav and associate Sruti Baid.

2018-09-19

Deal value: More than $10m.

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