 "Temasek & Ascendas-Singbridge Group commits Rs 20 bn for logistics in India")
Temasek and Ascendas-Singbridge Group have jointly committed to invest Rs 20 billion in logistics and industrial real estate in key locations in India.
Ascendas-Singbridge, Asia’s leading sustainable urban development and business space solutions provider, has launched Ascendas India Logistics Programme (Programme). Temasek, a global investment company headquartered in Singapore, is a principal investor in the Programme.
The Programme will invest in projects in key warehousing and manufacturing hubs in Mumbai, the National Capital Region, Pune, Chennai, Bangalore, and Ahmedabad, among others. The Programme aims to develop 13-15 million sq ft of space. Till date, it has two seed
Ascendas-Singbridge, Asia’s leading sustainable urban development and business space solutions provider, has launched Ascendas India Logistics Programme (Programme). Temasek, a global investment company headquartered in Singapore, is a principal investor in the Programme.
The Programme will invest in projects in key warehousing and manufacturing hubs in Mumbai, the National Capital Region, Pune, Chennai, Bangalore, and Ahmedabad, among others. The Programme aims to develop 13-15 million sq ft of space. Till date, it has two seed
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