An ESR project in Chennai, India (Image: ESR)
India’s rising property values lead today’s review of real estate news from around Asia, as ESR and Xander Investment Management are said to be shopping logistics portfolios at healthy prices. Also making the list is a $7 billion fund raising effort by Bain Capital and Carlyle is said to be in talks to sell its stake in an India data centre operator.
ESR, Xander Said Marketing India Logistics Portfolios as Valuations Rise
ESR and Xander Investment Management are looking to monetize their warehousing assets in India, three people familiar with the plans said, as investor interest in industrial real estate soars.
Both will aim to sell 100 percent of their stake in their respective portfolios to investors, the people cited…