Xander sets up $250m industrial real estate platform for India

Xander Investment Management (XIM), the private equity real estate arm of global investment firm The Xander Group (TXG), has launched an industrial real estate platform.

It will invest $250 million in logistics, warehousing and industrial assets in the key industrial corridors.

Sponsored by TXG, the platform has raised capital from European institutional investors that have been limited partners in XIM-sponsored opportunity funds. XIM Singapore will act as the investment adviser to the platform.

The platform has been seeded with a portfolio of 2 million square feet. The portfolio is spread across Mumbai and Chennai and is anchored by leading multinational and domestic corporations such as Amazon, Kerry Indev, DB Schenker, TVS Logistics, among others.

Other investors in Indian logistics warehousing and industrial sectors include Blackstone,