Investors hover as e-tailers boost demand for Indian warehouses
By Aditi Shah NEW DELHI (Reuters) - Overseas firms including Dutch pension fund manager APG and U.S. buyout group Warburg Pincus are looking to invest in India's warehouses, hoping to cash in on demand for modern and efficient storage space from booming online retailers. Rekindled demand is good news for India's property developers, many of whom are saddled with high debt and struggling with sluggish residential sales.
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