Pallonji Real Estate to set up $600m warehousing investment platform

Pallonji Real Estate to set up $600m warehousing investment platform

Shapoorji Pallonji Real Estate plans to invest Rs600 crore on buying land parcels this year to build a pipeline of projects. Photo: Ramesh Pathania/Mint

Pallonji Real Estate is setting up a $600-million investment platform in partnership with a global sovereign fund to enter India’s growing warehousing space, a top company official said.