GMR Hyderabad Aerotropolis Limited, a subsidiary of GMR Hyderabad International Airport Limited, has formed a joint venture with Singapore based ESR Hyderabad 1 Pte Limited to develop warehouse and logistics park spanning over 66 acres of land at airport city in Hyderabad, India.

ESR Hyderabad 1 Pte Limited and GMR Hyderabad Aerotropolis Limited, for the aforesaid transaction have entered into definitive agreements with an equity interest of 70% and 30% respectively in the Special Purpose Vehicle viz., GMR Logistics Park Private Limited.

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SGX - Singapore Exchange Limited published this content on 09 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 January 2020 15:17:04 UTC