India Grade A Office Fund
Sector
Sector
Office
Geography
Geography
India
Top 6 Cities – Mumbai, Delhi, Bengaluru, Pune, Hyderabad, Chennai & their suburbs
Strategy
Strategy
Buy Grade A office buildings leased to multinational tenants
Enhance value through superior asset management
Exit through value maximizing strategies
Target Return
Target Return
Gross IRR: 20-22% (INR)
Gross Cash Yield: 8–9% (INR)
Gross MOIC: 2.5–2.7x (INR)
Gross IRR: 18-20% (USD)
Gross Cash Yield: 8–9% (USD)
Gross MOIC: 2.2–2.4x (USD)
Highlights
Highlights
Alpha of 600+ bps
Gross USD IRR of 18-20% vs 8-9% for comparable US assets
Multinational tenants
New green buildings (≤ 10 year old)
No construction risk
Tags: #India #Office #CommercialRealEstate #MNC #Investment #PrivateEquity