Morgan Stanley Real Estate Investing (MSREI) has picked up a majority stake in Pune-based warehouse and logistics park developer KSH Infra Ltd for around ₹350 crore. MSREI is the private real estate investment management arm of US-based Morgan Stanley Investment Management. KSH Infra, which operates two warehousing and industrial logistics parks, totaling around 1 million square feet, in Pune, had been looking to raise funds to expand its warehousing business.
Morgan Stanley arm buys majority stake in Pune’s KSH Infra for $49m
Date posted: Friday 15 February 2019