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Blackstone bets on India’s rising e-commerce with warehouse deal

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Blackstone Inc., is planning to buy 3.5 million square feet of industrial warehouses as well as development sites that could house 18 million square feet of logistics properties. The firm plans to spend...

SafeStorage plans to enter Mumbai with 40,000 sq ft facility in Bhiwandi

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India's leading storage solution provider, SafeStorage recently shared its plans to enter Mumbai with the newly opened 40,000 sq ft facility in Bhiwandi. According to the press release, “The company is also growing at...

Dimerco commence operations with Indonesia’s first bonded logistics centre

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Freight forwarding and logistics management services specialist Dimerco has commenced operations at Indonesia’s ‘first and only’ e-commerce Bonded Logistics Centre (BLC) in Bekasi city, adjacent to Jakarta. The 10,000+ sq mt bonded warehouse, operated...

Mapletree to invest 4.55 billion to acquire two warehouses in Maharashtra

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Mapletree Logistics Trust intends to acquire two yield-accretive warehouses in Maharashtra, India for 4.55 billion rupees (S$84.4 million), as quoted by The Business Times. Its manager, Mapletree Logistics Trust Management (MLTM), announced in a...

ESR announces plan to develop a 38-acre industrial and logistics park in Chakan

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ESR, the leading Asia-Pacific focussed logistics real-estate platform has announced its plan to develop a second state-of-the-art, multi-tenant industrial and logistics facility at Chakan near Pune in Maharashtra. This facility will serve as the hub for light...

Hiranandani Group to set up Industrial Logistics and Data Centre Park in West Bengal

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Mumbai based diversified conglomerate, The Hiranandani Group, has entered into an MoU in the state of West Bengal to set up logistics and hyperscale data centre park in the region. The group has signed an MoU to...

SafeStorage opens India’s largest self-storage warehouse in Bengaluru

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Storage solutions provider, SafeStorage recently announced the opening of India’s largest self-storage warehouse in Bengaluru with 75,000 sq ft space. “The company is also growing at a steady pace and has crossed the 5...

FM Logistic India partners with Pepperfry to optimise online order fulfilment in Western India

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FM Logistic has been awarded a contract by Pepperfry, India’s no.1 furniture and home products marketplace, to provide omnichannel logistics and fulfilment services in the country’s western region. FM Logistic will handle warehousing operations...

Industrial and warehousing space leasing to grow 83% by 2021, notes Savills India

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Driven by the mixture of sturdy progress in e-commerce and manufacturing sectors in addition to rising demand in tier I and II Indian cities, industrial and warehousing area absorption is predicted to develop 83% to 47.7 million...

APOC Aviation opens new warehouse facility in Singapore

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As part of the on-going strategic plan to expand its global footprint, APOC Aviation, the innovative leasing, trading, aircraft component and part-out specialist, has today announced the opening of its first facility outside Europe.  The new APOC...

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152 Lifeline UDAN flights ferried over 200 tonnes medical supplies until...

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Under ‘Lifeline UDAN’ initiative of Ministry of Civil Aviation (MoCA), 152 cargo flights have been operated so far across the country including...

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