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S&R, CAM lead on IndoSpace Core 1,000 crore fund raise from HSBC for green projects

Bar & Bench

IndoSpace Core, which owns industrial and logistics parks across major cities in the country, has raised Rs 1,000 crore from HSBC to fund its existing green projects.

S&R Associates represented IndoSpace Core and the team was led by Partners Sudip Mahapatra and Prachi Goel and included Associates Vidhi Sharma, Srimukundan R., Gunit Kaur and Mohnish Mathew.

Cyril Amarchand Mangaldas acted for HSBC and the team was led by Partner Vivek Rathore.

IndoSpace Core is a joint venture between Everstone-backed warehousing and logistics specialist IndoSpace, Canada Pension Plan Investment Board (CPPIB), and global investment and fund manager GLP.

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