Logicap, a Singapore-based logistics and industrial infrastructure specialist, has strengthened its partnership with Mitsubishi Estate, a leading Japanese real estate group, through a second strategic investment. This move highlights the growing global investor confidence in India’s rapidly evolving logistics sector. The investment, finalised in April 2025, builds on an initial joint venture launched in September 2024, positioning Logicap as a preferred platform for international institutional capital.
The partnership aims to develop a 13.5 million sq ft pan-India portfolio, focusing on high-growth corridors such as Mumbai, Pune, Chennai, Bangalore, and Delhi NCR. Logicap’s development platforms, Pragati Warehousing and Ecobox, will manage the full lifecycle of these projects, ensuring ESG integration and operational excellence. “This strengthened partnership with Mitsubishi Estate reflects the strong strategic alignment between our organisations and our shared long-term vision for India’s infrastructure landscape,” said Priyank Shah, Head of Fund Management at Logicap.
Mitsubishi Estate’s continued investment underscores the strength and credibility of Logicap’s operating model, which combines institutional governance and deep local expertise. The joint venture will develop assets in strategic locations like Chennai, Sriperambdur, and Mapeddu, catering to manufacturing tenants. Abhay Goyal, Chief Investment Officer at Logicap India, stated, “With Mitsubishi Estate’s deep global experience and our strong local execution capabilities, we are well positioned to unlock value across key markets.”
This collaboration not only enhances Logicap’s portfolio but also affirms its role as a credible platform driving the next wave of infrastructure growth in India.
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