Bengaluru, April 11 -- ESR India and Xander Investment Management are looking to monetize their respective warehousing assets in the country, three people familiar with the plans said, as investor interest in industrial real estate soars.

Bothwill aim to sell 100% of their stake in their respective portfolios to investors, the people cited earlier said, all of whom spoke on the condition of anonymity.

ESR India, a joint venture between Hong Kong-based ESR Group and Germany's Allianz Real Estate, is a prominent logistics and industrial real estate firm with around 10 million sqft of warehousing assets across cities in the country.

"In 2023, ESR-Allianz was in talks with multiple investors, including Blackstone Group, to sella majority s...