Mirae Asset acquires Grade-A warehousing space in India

The Mirae Asset Credit Opportunities Fund has announced the acquisition of an industrial logistics and warehousing asset in Mumbai for Rs 1.3 billion, the first transaction of its kind under its India-focused foreign institutional funds, allotted for high quality Indian real estate opportunities. The Prakhhyat Group has acquired the industrial property, located in the 160 acre K-Square Integrated Industrial Park.