Kotak Mahindra now targets $500 million for property
Kotak Mahindra Group is reportedly in the process of raising a second multi-million-dollar fund – an up-to $500 million vehicle for real estate – coming weeks after it announced a smaller fund for infrastructure.
According to the Economic Times, Kotak Mahindra's Kotak Realty Fund will use a mixture of domestic and foreign LPs to stock the $500 million property vehicle, with as much as $300 million specifically...
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