Category: Warehousing
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ESR enters $600 million JV with GIC to invest in industrial, logistics assets in India
[ad_1] Reading Time: 2 minutes ESR group has penned down a strategic partnership with Singapore’s sovereign wealth fund GIC to set up a $600 million or Rs 4,964 crore joint venture to acquire income-producing core industrial and logistics assets in India. In the joint venture(Core JV), GIC will be holding 80% equity, while ESR will…
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Solving the Inventory Surplus Crisis with Connected Technology
[ad_1] Sundry Photography AdobeStock_320444308 From aisles of empty shelves during the initial COVID-19 pandemic lockdown to recent shortages of basic necessities like baby formula, supply chain shortages have been a battle for years. And yet, despite the seemingly constant stream of product shortages, many organizations frequently struggle with a surplus of merchandise. Indeed, large retailers…
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Planning appeal hearing into Lidl warehouses in Dummer
[ad_1] HUNDREDS of HGVs would pass through the area around a site where warehouses are planned to be built, a planning inquiry heard earlier this week. On Tuesday, October 18, a planning appeal hearing has begun for warehouses on land at Oakdown Farm, which includes a distribution centre for the supermarket chain Lidl. In May members of…