Jun 19
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Prologis, RMZ Group in JV to build warehousing park in Bengaluru
Prologis, the world’s largest warehouse owner, has partnered with RMZ, one of India’s leading alternative asset owners, to develop a state-of-the-art 500,000 sq ft logistics park in Bengaluru. This joint venture marks Prologis’ return to India after 17 years and RMZ’s strategic entry into the industrial and logistics (I&L) sector. With India’s logistics demand rapidly growing, the collaboration aims to build a robust warehousing portfolio across major metros, reinforcing the country’s position as a global supply chain hub.
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