Chennai, Nov. 20 -- Casagrand Industrial and Warehousing, which specialises in world-class industrial space and warehousing,today entered into a Rs 700 crore strategic investment deal with Blackstone, one of the world's largest alternative investment firms,to develop two large scale Industrial and Logistics Parks in Tamil Nadu.
The two Industrial and Logistics Parks spread across 154 acres wold come up at Sriperumbudur, about 40 km from Chennai,a statement from Casagrand said.
The venture will see an investment around Rs 700 crores from Blackstone to develop 4.2 million sqft of modern, Grade A industrialand warehousing Infrastructure. Built to accommodate e-commerce, 3PL and a broad spectrum of manufacturing occupiers, the developments ai...