Ascendas India Trust to acquire warehouse project from Arshiya

12 Jul 2019

Ascendas India Trust (a-iTrust) will invest Rs 70 crore to acquire an additional warehouse project from Arshiya, near Mumbai.

The firm has entered into a construction funding and forward purchase agreement with Arshiya to develop an additional warehouse with a total leasable area of 3,25,503 square feet in the Arshiya Free Trade Warehousing Zone, Panvel near Mumbai.

Arshiya is engaged in providing end-to-end logistics and supply chain solutions to customers across the world.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323