InvestorQ : What is the collaboration between Macrotech and Morgan Stanley?
sara Kunju made post

What is the collaboration between Macrotech and Morgan Stanley?

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Mary Joseph answered.
5 months ago
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Macrotech Developers has partnered with Morgan Stanley Real Estate to foray into the high growth and high potential premium warehousing segment. They will jointly invest Rs. 600 crore in this project near Mumbai as the demand for warehouses is on the rise.

The joint entity will develop 1.9 million square feet at the Palava Industrial and Logistics Park with Grade-A warehouses spread across 72 acres. Macrotech will be the development manager for the project. The site is close to JNPT and the Taloja Industrial estate, MIDC.

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