Group's first acquisition under India-focused funds allocation for high-grade real estate. : South Korea’s Mirae Asset Global Investments has acquired an industrial asset in Mumbai’s Bhiwandi for Rs 130 crore from Prakhhyat Group. The pre-leased grade A warehousing property in K-Square Integrated Industrial Park is spread over 9 acres. It is Mirae Asset Investment Group’s first acquisition under its India-focused funds allocation for high-grade real estate. It is a rare instance where a foreign institutional fund has secured a foothold in the warehousing and industrial market of Bhiwandi.