Macrotech Developers (Lodha) has entered into a partnership with Bain Capital and Ivanhoe Cambridge to develop a next-generation green digital infrastructure platform. The platform will establish a pan-India presence in the digital infrastructure space that includes logistics and light industrial parks as well as in-city fulfillment centers.
The platform will jointly invest $1 billion to create nearly 30 million sq ft of operating assets to serve India’s digital economy. Each of these three partners will hold around 33% equity interest in the property ownership, whilst Lodha will lead the development, operations and management of the assets.
Macrotech Developers is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.
