Singapore-based real estate development firm Mapletree has entered into an agreement with KSH Infra Industrial Park to acquire over 7 lakh sq ft space in its logistics park in Pune for USD 40 million (around Rs 300 crore), according to sources. This is KSH Infra’s second deal for the Pune facility after Morgan Stanley Real Estate Investing, the real estate investment management arm of Morgan Stanley, picked up around 1 million sq ft of space for over USD 45 million last year.

(Economic Times)