 "Morgan Stanley has set up a platform with Bengaluru-based Puravankara Projects for industrial parks")
Morgan Stanley and a fund management company set up by its former executives are getting aggressive in the country’s warehousing space.
Morgan Stanley, which discontinued investing in the real estate sector a couple of years ago, has bought majority stakes in a warehousing developer and other such projects this year.
Recently, Morgan Stanley Real Estate Investing (MSREI), the real estate investment management arm of Morgan Stanley Investment Management, purchased a controlling stake in warehousing project built by the Pragati Group in the National Capital Region (NCR) region.
The 30-acre project is located on NH 8 and branded as Pragati One.
Earlier this year, MSREI
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