E-Shang Redwood’s 45 Million Acquisition of two logistics subsidiaries from Future Market Networks Limited

Khaitan & Co advised Gati Realtors Private Limited and Future Retail Destination Limited, and their shareholder Future Markets Network Limited (a Future Group company) in relation to the transaction with E-Shang Redwood.

E-Shang Redwood, a leading international real estate and logistics platform executed its acquisition of 100% shareholding (in tranches) of Gati Realtors Private Limited and Future Retail Destination Limited.

E-Shang Redwood also completed the funding of the construction costs of the infra-logistics parks to be developed by the Gati Realtors Private Limited and Future Retail Destination Limited, for a total consideration of USD 45 million.

Khaitan & Co advised Gati Realtors Private Limited and Future Retail Destination Limited, and their shareholder Future Markets Network Limited with a team including Aashutosh Sampat (Picture), Nayantara Kutty and Angeline Benny.

Involved fees earner: Aashutosh Sampat – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Future Retail Destination Limited; Gati Realtors Private Limited;

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Author: Michael Patrini