Yusen Logistics India has leased a 200,000 sq ft built-to-suit warehouse in Palava near Mumbai from Macrotech Developers. This strategic move, part of Lodha Industrial & Logistics Parks, aims to bolster the Tokyo-based company’s distribution network in India.

Real estate developer Lodha, formerly as Macrotech Developers, acquired Bain Capital's share in three joint digital infrastructure platforms for ₹307 crore to boost its logistics and industrial park revenue.