JLL reaches first close on debut India real estate fund
Jones Lang LaSalle’s (JLL) Segregated Funds Group has reached a first close of INR1 billion ($17.2 million) on its Residential Opportunities Fund I. The vehicle launched last year and has a final target of INR3 billion ($51.2 million)
It aims to invest in residential projects in seven tier-one Indian cities - Delhi and its surrounding National Capital Region, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad and Pune, during its six year...
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