Mumbai, Nov. 25 -- IndoSpace Core, a joint venture between the Canada Pension Plan Investment Board, or CPP Investments, and IndoSpace, has acquired six industrial and logistics parks valued at over $300 million.

The six assets, located in India's key logistics markets, including Bengaluru, Chennai, Delhi, Mumbai, and Pune, collectively span 380 acres with a leasable area of about nine million square feet, further adding to IndoSpace Core's portfolio of fully developed, income-generating parks.

The acquisition strengthens IndoSpace Core's position as the country's largest operator of stabilized industrial and logistics real estate, the companies said in a statement on Tuesday.

CPP, which owns 93% of IndoSpace Core, will invest approxim...