Ask Group to launch international realty fund
ASK Property Investment Advisors, the property fund arm of ASK Group, plans to launch a $200 million (Rs 1,100 crore) international realty fund next month.
When it launches the fund, ASK will join the league of HDFC, IDFC, IL&FS, Indiareit, Kotak and Tata Realty & Infrastucture, which are planning to launch foreign realty funds.
ASK India Real Estate Special Opportunities Fund will be the first of such fund to be based out of Singapore. The fund will have a life of six years, extendable by two years.
It will look at investing in the top five Indian cities.
ASK group, ASK India Real Estate Special Opportunities Fund, ASK Property Investment Advisors, foreign realty fund, HDFC, IDFC, IL&FS, IndiaReit, international realty fund, Kotak Realty Fund, Singapore, Tata Realty & Infrastucture
[...] Ask Group to launch international realty fund [...]