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QIA and Grosvenor led a $150m round in IndoSpace.

Financials

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Transaction Value£119m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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business parks

Acquisition

Completed

Single Bidder

India

Real Estate Holding and Development

Cross Border

Venture Capital

Friendly

Private

Minority

Private Equity

Synopsis

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Qatar Investment Authority, a sovereign wealth fund of the State of Qatar, and Grosvenor, a diversified property group, led a $150m round in IndoSpace, an investor, developer, and operator of grade A industrial and logistics parks real estate in India. "QIA and Grosvenor’s participation in this round reflects the attractive opportunity to develop modern grade A industrial and logistic parks in the world’s fastest growing large economy. The funds raised in this round will continue to advance IndoSpace’s mission of developing state-of-the-art industrial and logistics parks across the top 8 markets in India," IndoSpace.

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