Global logistics firm LOGOS has acquired pre-leased warehousing assets of 2.2 million sq ft in Chennai from Casagrand Group for Rs 700 crore. This is the first acquisition of the company in India following the launch of its Indian business. Mappedu Logistics Park and Mahindra World City are located within the established industrial corridors of Chennai, benefiting from prominent access to the government approved Chennai Bangalore Industrial Corridor and the Chennai Port as per reports. The properties comprise a total gross leasable area (GLA) of 2.2 million square feet, across a combined area of about 85 acres of land. Both parks are fully leased and provide further development opportunities within the sites. The LOGOS India logistics centure, with commitments from Canadian investors Ivanhoé Cambridge and QuadReal Property Group, has $800 million in investment capacity to develop and own high-quality, modern logistics facilities in key logistics markets of India. Its Indian business is a partnership between LOGOS and Assetz Property Group, a Bengaluru-based real estate developer.