India Grade A Office Fund

Sector

Office

Geography

  • India

  • Top 6 Cities – Mumbai, Delhi, Bengaluru, Pune, Hyderabad, Chennai & their suburbs

Strategy

  • Buy Grade A office buildings leased to multinational tenants

  • Enhance value through superior asset management

  • Exit through value maximizing strategies

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

  • 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