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Indiareit Fund Advisors

India's Piramal Capital merges PE and lending arms

Piramal Capital has merged its real estate private equity fund management business - Indiareit - and its real estate-focused non-banking financial company (NBFC).

  • South Asia
  • 29 May 2014
Piramal, CPPIB form $500m realty finance fund

India's Piramal Enterprises is to form a $500 million realty debt fund with CPPIB Credit Investments,, a subsidiary of the Canada Pension Plan Investment Board (CPPIB).

  • Mezzanine
  • 13 February 2014
Indiareit raises $160m domestic property fund

Piramal Enterprises’ Indiareit Fund Advisors has reached a final close of INR10 billion ($160.5 million) on its fifth domestic fund.

  • Real estate
  • 09 January 2014
Ashiana, Landcraft JV raises $29.5m from Indiareit, IIFL

Piramal Group’s Indiareit unit and India Infoline (IIFL) have backed an Ashiana Homes-Landcraft Projects housing joint venture with INR1 billion ($16.3 million) and INR800 million, respectively.

  • South Asia
  • 11 December 2013
Indiareit makes two investments, plans new fund

Indiareit Fund Advisors, the real estate PE arm backed by Indian entrepreneur Ajay Piramal, has invested INR2 billion ($37 million) in real estate projects and is reportedly set to launch a $300 million offshore fund next month.

  • Real estate
  • 05 April 2013
Indiareit completes property exits, targets new fund

Indiareit Fund Advisors, the real estate PE arm of Piramal Enterprises, has raised INR4.4 billion ($80 million) on exiting three of its investments and is now preparing to raise another offshore fund worth up to $350 million.

  • South Asia
  • 05 December 2012
Indiareit raises $46m for India redevelopment fund

Indiareit Fund Advisors, a real estate investor backed by Indian entrepreneur Ajay Piramal, has raised INR2.5 billion ($46 million) for a fund targeting redevelopment projects in Mumbai. The firm expects to reach a final close of up to INR5 billion in...

  • Fundraising
  • 21 September 2012
Indiareit's CEO quits to set up own fund - report

Ramesh Jogani, CEO and managing director of Indiareit Fund Advisors, an Indian real estate fund operated by Piramal Healthcare, is reportedly leaving the company to start his own fund.

  • South Asia
  • 03 September 2012
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