Milestone plans realty exits worth Rs. 1,000 cr in a year

Milestone Capital Advisors, a realty private equity fund is working on exits worth Rs 1,000 crore in the next one year in the backdrop of a recovering commercial property market. The fund is in advanced stage of talks to exit its investments in Electronic City Tower II in Bengaluru and two warehousing projects in Dharuhera in the National Capital Region and Bhiwandi near Mumbai. The fund is also looking to exit residential assets, where it has invested through structured debt transactions in addition to office and warehousing projects.

Read more: Economic Times

Date: February 25, 2016 Category: Market Tags: