IndoSpace Core, a joint venture (JV) between the Canada Pension Plan Investment Board (CPPIB) and Indospace, has acquired six industrial and logistics parks, valued at Rs 30 billion ($336 million). Of the total investment, CPPIB will commit Rs 14 billion to fund the acquisition. The six assets being acquired are located in Bengaluru, Chennai, Delhi, Mumbai and Pune, with a leasable area of 9 million square feet.
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