{"id":1199,"date":"2017-02-15T14:05:41","date_gmt":"2017-02-15T08:35:41","guid":{"rendered":"https:\/\/www.propstack.com\/news\/?p=1199"},"modified":"2017-02-15T14:10:05","modified_gmt":"2017-02-15T08:40:05","slug":"indiabulls-to-launch-rs1500-crore-fund-to-invest-in-office-spaces","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/indiabulls-to-launch-rs1500-crore-fund-to-invest-in-office-spaces\/","title":{"rendered":"Indiabulls to launch Rs1,500 crore fund to invest in office spaces"},"content":{"rendered":"<p class=\"S3l\">Indiabulls Asset Management Co. Ltd is launching its first commercial asset fund and plans to raise up to Rs1,500 crore from mainly domestic investors, said a fund executive.<\/p>\n<p>Dual Advantage Commercial Assets Fund is an alternative investment fund (AIF) and will invest in buying out office properties that generate regular stable rental income with capital appreciation on exits.<\/p>\n<p>Of the Rs1,500 crore, Rs1,000 crore will be raised through a blind pool of multiple limited partners (LPs) or investors and the remaining Rs500 crore from select family offices and investors through the co-investment route.<\/p>\n<p>Fund-raising through the blindpool route involves raising money from a pool of multiple LPs who invest in a fund corpus.<\/p>\n<p>&nbsp;<\/p>\n<p>Read more:\u00a0<a href=\"http:\/\/www.livemint.com\/Companies\/vmIQn1VymHGs2P5nwC8YuN\/Indiabulls-to-launch-Rs1500-crore-fund-to-invest-in-office.html\" target=\"_blank\">Live Mint<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indiabulls Asset Management Co. Ltd is launching its first commercial asset fund and plans to raise up to Rs1,500 crore from mainly domestic investors, said a fund executive. Dual Advantage Commercial Assets Fund is an alternative investment fund (AIF) and will invest in buying out office properties that generate regular stable rental income with capital\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/indiabulls-to-launch-rs1500-crore-fund-to-invest-in-office-spaces\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[169,105,104],"class_list":["post-1199","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-cre","tag-fund-raising","tag-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1199"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1199\/revisions"}],"predecessor-version":[{"id":1200,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1199\/revisions\/1200"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}