MF News ABSL AMC launches a real estate fund

ABSL AMC launches a real estate fund

The AIF Category II fund will target structured debt investments in post-approval real estate projects primarily in tier 1 metropolitan locations.

Team Cafemutual Jun 5, 2022

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Aditya Birla Sun Life AMC (ABSL AMC) has joined hands with BentallGreenOak, a global real estate investment management advisor, to form a structured credit investment vehicle, which is a type of AIF Category II.

The investment vehicle will target structured debt investments in post-approval real estate projects primarily in tier 1 metropolitan locations.

A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC said, “The real estate sector is seeing a strong revival with housing loan interest rates at decadal lows and property prices largely remaining flat. We believe substantial savings due to falling interest rates and stagnant property prices will aid in affordability and further lead to higher demand, especially in the residential real estate segment."

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2 Comments

Johncy · 2 years ago `

Jok of the year .old real estate fund give back 85% money back after all 0 yers
25 lk invested amount after 10 yers return 22.50lk issue closed and sold to some other company without client approvel

VENU GOPAL PAITHARA · 2 years ago `

How can this be called as REAL ESTATE FUND when it is targeting structured debt investments in real estate projects without any equity. Better call it a "Sectoral/Real Estate Debt Fund"

Last updated 2 years ago

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