Morgan Stanley arm in talks to invest $55 million in KSH Group’s warehouse assets
KSG Group, in which Morgan Stanley Real Estate Investing is looking to invest, plans to build out 5 million sq. ft of warehousing space in and around the Pune by 2020
Mumbai: A real estate fund managed by Morgan Stanley is in advanced talks with Pune-based KSH Group to invest around ₹ 400 crore (approximately $55 million) in its warehousing assets, said two people aware of the development. KSH Group operates in domestic logistics, manufacturing, service and distribution sectors, with over 600 employees spread across eight cities.