Macrotech Developers has announced a Rs 600 crore partnership with Morgan Stanley Real Estate Investing (MSREI) to create a premium warehouse property near Mumbai.
The company offers its properties under the Lodha brand, which was launched on stock exchanges in April after obtaining Rs 2,500 crore through a public offering.
Macrotech Developers announced in a statement that it has reached an agreement with MSREI to develop 1.9 million square feet of land at Palava Industrial and Logistics Park (PILP).
