Integrow AMC looks to mop up 15000 mn for office realty fund
Real Estate

Integrow AMC looks to mop up 15000 mn for office realty fund

Integrow Asset Management, a real estate-focused alternative asset management firm, intends to raise more than $15,000 million through a commercial real estate fund to invest in India's top six property markets. The alternate investment fund under category I1 will invest in pre-leased and income-producing assets in Mumbai, Pune, Hyderabad, Bengaluru, Chennai, and the Delhi-National Capital Region.

Integrow Asset Management would be able to construct an investment portfolio worth over 74,000 crores, including leverage possibilities, thanks to the fund. It just gained approval from capital market regulator Sebi for the fund and plans to raise the corpus by the end of this year.

Ashish Mundada, who was recently hired by the business, will lead the new commercial property fund. His almost 20-year career includes a substantial period as director and co-founder of the private debt (infrastructure) platform at global investment firm BlackRock's New York office.

The proposed India Grade A Office Fund will establish Integrow Asset Management India's only real estate-focused multi-fund institution. Create portfolios that include both residential and commercial property. The company has previously formed a residential real estate fund of 71,000 crore in June 2022 and has started investing through it in housing projects in Mumbai, Pune, and other significant cities.

Integrow Asset Management, a real estate-focused alternative asset management firm, intends to raise more than $15,000 million through a commercial real estate fund to invest in India's top six property markets. The alternate investment fund under category I1 will invest in pre-leased and income-producing assets in Mumbai, Pune, Hyderabad, Bengaluru, Chennai, and the Delhi-National Capital Region. Integrow Asset Management would be able to construct an investment portfolio worth over 74,000 crores, including leverage possibilities, thanks to the fund. It just gained approval from capital market regulator Sebi for the fund and plans to raise the corpus by the end of this year. Ashish Mundada, who was recently hired by the business, will lead the new commercial property fund. His almost 20-year career includes a substantial period as director and co-founder of the private debt (infrastructure) platform at global investment firm BlackRock's New York office. The proposed India Grade A Office Fund will establish Integrow Asset Management India's only real estate-focused multi-fund institution. Create portfolios that include both residential and commercial property. The company has previously formed a residential real estate fund of 71,000 crore in June 2022 and has started investing through it in housing projects in Mumbai, Pune, and other significant cities.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code