{"id":20531,"date":"2022-09-10T15:01:38","date_gmt":"2022-09-10T15:01:38","guid":{"rendered":"https:\/\/newswireindia.in\/index.php\/2022\/09\/10\/esr-appoints-arwade-infrastructure-ltd-as-design-and-build-partner-for-its-1st-urban-distribution-centre-in-delhi\/"},"modified":"2022-09-10T15:01:38","modified_gmt":"2022-09-10T15:01:38","slug":"esr-appoints-arwade-infrastructure-ltd-as-design-and-build-partner-for-its-1st-urban-distribution-centre-in-delhi","status":"publish","type":"post","link":"https:\/\/newswireindia.in\/index.php\/2022\/09\/10\/esr-appoints-arwade-infrastructure-ltd-as-design-and-build-partner-for-its-1st-urban-distribution-centre-in-delhi\/","title":{"rendered":"ESR appoints Arwade Infrastructure Ltd. as Design and Build Partner for its 1st Urban Distribution Centre in Delhi"},"content":{"rendered":"
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New Delhi, September 9:<\/strong>\u00a0Arwade Infrastructure Limited, India\u2019s pioneer Design & Build Company, is set to add another landmark development to its portfolio by constructing ESR\u2019s first Urban Distribution Centre in Delhi. This project will amplify in-city distribution in Delhi with much-needed Grade A infrastructure to support quick commerce activities in densely populated catchment areas of Rohini, Shalimar Bagh, Pitampura, Ashok Vihar and Model Town.<\/p>\n

ESR chose Arwade Infrastructure Limited as the project\u2019s construction partner because of the company\u2019s in-depth technical expertise, local land development knowledge, and significant experience in establishing greenfield and complex brownfield projects in line with global safety and quality standards.<\/p>\n

At the project\u2019s ground-breaking ceremony, Mr Nitin Arwade, Managing Director, Arwade Infrastructure Ltd., said, \u201cWe are honoured to be partners to ESR for their first Urban Distribution Centre in India. ESR successfully developed multi-storey logistics facilities and distribution centres in the Asia Pacific region. We wish to implement their international learnings in the Indian market. Adoption of quick commerce significantly increased during the pandemic, and there is an immediate need for compliant infrastructure to support this demand. Our proficient and dedicated team will bring forth best-in-class development expertise. We believe the backbone of our economic growth is quality infrastructure, and we are proud to be a part of India\u2019s growth story.\u201d<\/p>\n

At the occasion, Mr Abhijit Malkani, CEO, ESR\u00a0<\/strong>India, stated, \u201cWe are thrilled to launch our first in-city distribution site in Delhi to support the growing need for Grade A infrastructure in urban areas. India\u2019s digital economy has fuelled the rapid growth of quick commerce. However, the availability of compliant facilities within cities remains a challenge. We want to address this gap in the market by developing our first multilevel urban distribution centre in Delhi and soon expand to other key metros.\u201d<\/p>\n

ESR\u2019s Urban Distribution Centre will be IGBC (Indian Green Building Certified) to deliver on ESR\u2019s commitment to the environment.<\/p>\n

About Arwade Infrastructure Ltd.<\/strong><\/p>\n

Arwade Infrastructure Limited is an Award-Winning EPC \/ Design & Build Company setting up Large Industrial \/ Warehousing Complexes & Institutional Projects across India. The company is a Preferred Partner to many Global & Indian conglomerates setting up Green Field & Complex Brown Field Projects with Global Safety & Quality Standards.<\/p>\n

About ESR<\/strong><\/p>\n

ESR is APAC\u2019s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. With US$140.2 billion in total assets under management (AUM), our fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand, and Southeast Asia, representing over 95% of GDP in APAC, and includes an expanding presence in Europe and the U.S. We provide a diverse range of real asset investment solutions and New Economy real estate development opportunities across our private funds business, which allow capital partners and customers to capitalize on the most significant secular trends in APAC. ESR is the largest sponsor and manager of REITs in APAC, with a total AUM of US$45 billion. Our purpose \u2013 Space and Investment Solutions for a Sustainable Future \u2013 drives us to manage sustainably and impactfully, and we consider the environment and the communities in which we operate as key stakeholders of our business. Listed on the Main Board of The Stock Exchange of Hong Kong, ESR is a constituent of the FTSE Global Equity Index Series (Large Cap), Hang Seng Composite Index and MSCI Hong Kong Index. More information is available at www.esr.com<\/strong><\/a>\u00a0and\u00a0<\/strong>www.in.esr.com<\/strong><\/a>.<\/strong><\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

New Delhi, September 9:\u00a0Arwade Infrastructure Limited, India\u2019s pioneer Design & Build Company, is set to add another landmark development to its portfolio by constructing ESR\u2019s first Urban Distribution Centre in Delhi. This project will amplify in-city distribution in Delhi with much-needed Grade A infrastructure to support quick commerce activities in densely populated catchment areas of […]<\/p>\n","protected":false},"author":1,"featured_media":20532,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3],"class_list":["post-20531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/20531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=20531"}],"version-history":[{"count":0,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/20531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media\/20532"}],"wp:attachment":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=20531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=20531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=20531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}