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.
This story is from the June 2022 edition of Commercial Design.
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This story is from the June 2022 edition of Commercial Design.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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