Link Legal has successfully represented GMR Hyderabad Aerotropolis Limited (“GHAL”), in setting up a 30:70 ;joint venture company in India, GMR Logistics Park Private Limited (“JV Company”) with ESR Hyderabad 1 Pte. Limited, a Singapore based entity (“ESR”). GHAL and ESR set up the JV Company to jointly develop, construct and operate a 66-acre flagship airport centric integrated logistics and industrial park at Hyderabad airport city providing state-of-the-art facilities for warehousing, distribution centers and non-polluting industrial such as light assembly, according to reports.

Link Legal India Law Services advised GMR Hyderabad Aerotropolis Limited led by a team of associate partner Yosham Vardhan, senior associate Ankit Agarwal and Neil associate Lopez, who assisted in drafting, negotiations and finalisation of the joint venture agreement, other ancillary agreements and closing of the transaction. Link Legal’s partner Ravi Varma advised on the real estate aspects of the transaction.

2020-01-09

Deal value: INR 550 crore

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