Realterm Global Portfolio Company


Fund Size	$241 mm equity
Total Target Development	25 mm sqft
Target Land Acquisition	1,100 Acres

AEROTERM NAT REALTERM FCH REALTERM INDUSTRIAL CASE STUDIES

Summary
Traditionally, Indian logistics has remained inefficient and unorganized due to poor infrastructure, regional fragmentation, and complex tax laws which resulted in companies having multiple warehouses across various Indian states. However, the recent development of organized retail, increased government focus on infrastructure outlays, the proposed introduction of a unified tax regime, and increased outsourcing of logistics has brought the Indian logistics industry to a crucial inflection point. In late 2006, Realterm Global created a platform for investment in Indian industrial real estate. This platform will provide India’s supply chain participants with modern, efficient logistics and distribution facilities. The long-term goal of the venture is to create India’s pre-eminent industrial real estate development and operating company. This goal will be achieved by providing best-in-class real estate and infrastructure options for tenants, while creating a diverse investment portfolio of institutional quality industrial assets.

About Realterm FCH
Realterm FCH has the required combination of global experience and local expertise that is needed to successfully develop modern industrial real estate facilities in India. This joint venture between Realterm Global and Future Capital Holdings (FCH) combines the industrial real estate expertise of Realterm Global with the local Indian real estate execution expertise of FCH. Realterm FCH is the Indian Advisor to the investment manager of Indospace Logistics Parks (Indospace), a $241mm international fund which seeks to take advantage of this opportunity in creating modern industrial space of world class design and standards in India. Currently Indospace is in the final stages of land acquisition across the major cities in India and is expected to have its first logistics park operational by 2010.

About Future Capital Holdings
Future Capital Holdings is one of the premier investment advisors in India. FCH currently advises the investment managers of 3 real estate funds with over $1bn in assets. Future Capital Holdings combines the entrepreneurial skills of world-class professionals from reputed international and Indian companies with the national scale of the Future Group. As an investment advisor with full development capabilities FCH has a dedicated team of real estate professionals with capabilities that span the entire real estate value chain, including project evaluation, land acquisition, project conceptualization and design, leasing, property management and investment exits. Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics. Led by its flagship enterprise, Pantaloon Retail, the group operates over 12 mm square feet of retail space in 71 cities and towns and 65 rural locations across India. Pantaloon Retail employs around 30,000 people and is listed on the Indian stock exchanges.