The partnership will enable cross-border industrial property purchase and leasing between the US and India
MUMBAI, 22 September 2020: US-based Binswanger Commercial Real Estate Services and ANAROCK Group have partnered to offer boutique advisory, brokerage, and transaction services on industrial real estate opportunities between India, USA, and other global markets.
The objective of this collaboration is to offer innovative solutions, property purchase and leasing strategies, development consultancy, and investment advice for industrial and logistics, thereby enabling cross-border synergies between Indian and US-based Industrial corporations. This partnership will leverage ANAROCK’s matchless India presence and Binswanger’s relationships with industrial clients in high-value geographies such as North and South America, and other global markets.
The partnership also proposes to tap into the growing data center market to facilitate global hyper scalers and ramp up their digital infrastructure initiatives across India in line with the vision of the Government of India.
“Manufacturing is the strongest common denominator among developed and developing nations, irrespective of other economic indicators,” says Jeff Binswanger, Managing Partner, Binswanger. “Many of our US-based clients doing international business are eager to expand or explore opportunities in India. We are excited to partner with ANAROCK Group, India’s pre-eminent real estate services company, to open up cross-border channels in industrial real estate.”
“The Government of India’s thrust on self-dependence and local manufacturing has led to increased activity amongst international industrial units such as electronics, solar, chemicals, to name a few. to ramp up capacities in India. Further, there is a growing trend amongst high export industries such as Indian Pharma to look at expansion to US and other countries,” says Anuj Puri, Chairman, ANAROCK Group. “Binswanger has extensive experience over the past 90 years in industrial real estate having worked with over half of the Fortune 500 companies. Coupled with ANAROCK’s industry-defining relationships and reach in India, this is a winning combination. Industrial real estate is a global phenomenon that must not be limited by borders.”
ANAROCK leverages its innovative business model and user-friendly technology platform, to provide holistic service offerings across Residential, Retail, Commercial, Investment Banking, Industrial, Hospitality, Land, Consulting, and real estate Technology Solutions.
Binswanger specializes in the disposition of unique real estate assets such as corporate headquarters and industrial spaces in manufacturing, distribution, specialized chemicals, biotech, life sciences, microchip manufacturing, and other technical facilities.