LOGOs, Indospace eye asset sales

Indospace and LOGOS India are looking to monetise assets. LOGOS India is initiating the sale process to sell two of its assets in Chennai and Luhari in Haryana for an estimated Rs 18 billion.
The sale by LOGOS follows the merger with ESR in Asian countries including India. The company has planned to raise nearly $300 million (around Rs 24.90 billion) from global investors to fund its development plans.
IndoSpace has the largest national network of 52 logistics parks with 58 million sq ft delivered/under development across 11 cities. The assets up for sale remain undisclosed.