SK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has teamed up with India Sotheby's International Realty to unveil the ASK Curated Luxury Assets Fund, the country's first investment platform dedicated to luxury real estate.
The fund aims to raise ₹1,000 crore in equity, with a green-shoe option of an additional ₹500 crore. Registered as a Category II Alternative Investment Fund with the Securities and Exchange Board of India (Sebi), the fund plans to invest in early-stage luxury residential projects across Mumbai, Bengaluru, and the Delhi-NCR region.
Diese Geschichte stammt aus der January 08, 2025-Ausgabe von Mint Chennai.
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Diese Geschichte stammt aus der January 08, 2025-Ausgabe von Mint Chennai.
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