BHIVE Fund to raise Rs 400 crore to invest in commercial office projects
Commercial Design|June 2022
BIVE Fund, an affiliate of flexible office real estate firm BHIVE Group, plans to raise a INR 400 crore alternative investment fund (AIF) to invest in commercial office projects.
BHIVE Fund to raise Rs 400 crore to invest in commercial office projects

BHIVE CRE Opportunities Fund-Series I will be close-ended with a tenure of five years from the date of closure and extendable by two years.

"We have identified a unique opportunity post-pandemic where many companies have vacated office space. We can buy un-lease properties at a discount, refurbish and rent them out. It also helps in regular income generation till assets are sold," said Sheshagiri Rao Paplikar, CEO of BHIVE.Fund.

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