Homegrown PEs to bet on logistics due to demand from e-commerce firms

After global PE funds, it is now turn of the homegrown fund managers to bet on the logistics and warehousing space. The reason: Besides the attractive returns in the segment, reforms such as GST which has created a single national market and growing demand from e-commerce firms. A number of them such as Piramal Capital & Housing Finance, Kotak Realty Fund, Milestone Capital, Nisus Finance and others are looking at investing in the space. Piramal Capital & Housing Finance, which entered the segment in the last financial year, has invested over Rs 10 billion in JM Baxi Group, A.....

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