S&R Associates represented IndoSpace, India’s largest developer of Grade - A industrial and logistics real estate, in the INR 8.4 billion sale of two built and fully-leased logistics and warehousing assets of over 2.5 million sq. ft. in Chennai and Pune to Logicap, the warehousing and logistics platform of Rava Partners, which is the real estate arm of Hillhouse Investment. Alta Capital is the operating partner of Rava Partners in India. This is one of the largest deals involving warehousing and logistics assets in India this year.
The S&R corporate team was led by partners Sudip Mahapatra and Raya Hazarika, and included associates Deep Shah, Shreya Jaipuria and Kopal Mital on corporate matters. Partner Avikshit Moral, and associates Preeti Dhar and Kaveri Varma advised on real estate matters.