Logicap Management collaborates with Mitsubishi Estate Capital for eco-friendly logistics solutions in India.
Singapore-based Logicap Management, a subsidiary of Rava Partners, has entered into a strategic joint venture with Mitsubishi Estate Capital (MEC) to develop modern industrial and logistics solutions across key industrial areas in India. This collaboration aims to create eco-friendly, cutting-edge facilities that cater to a wide range of industries, from traditional manufacturing to the rapidly expanding e-commerce and IT sectors.
The joint venture’s seed portfolio includes two mega units located in Gurgaon, Haryana, within the National Capital Region (NCR). These facilities, completed between 2021 and early 2022, were fully leased shortly after completion, highlighting the strong demand for high-quality industrial space. Positioned along major transport corridors that connect to India’s key industrial hubs, these assets will play a pivotal role in addressing the country’s growing supply chain needs.
Logicap operates key development platforms in India, including Pragati Warehousing, which is responsible for overseeing the development and management of these logistics assets. Pragati Warehousing has a proven track record, having developed over 12 million square feet of Grade-A warehouses. Through this joint venture, the companies aim to elevate India’s logistics capacity by delivering environmentally certified, globally compliant facilities.
This partnership signifies the beginning of what both Logicap and MEC envision as a long-term collaboration. The companies are committed to creating sustainable value by developing modern logistics platforms that will continue to support India’s industrial growth for years to come. Beyond this initial project, both firms plan to expand their industrial and logistics portfolio, driving further industrial development across the country.
