Business Standard

Edelweiss raises Rs 500 crore for its domestic real estate fund

Fund aims to capitalise on limited liquidity in the real estate market

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Money, Wealth, Rich Dividends

Raghavendra Kamath Mumbai
Edelweiss Alternative Asset Advisors, part of the Edelweiss Group, on Monday said it had raised Rs 500 crore for its domestic real estate fund.
 
The fund, called the Edelweiss Real Estate Opportunities Fund, aims to capitalise on limited liquidity in the real estate market through a multi-strategy approach with a focus on the top six tier-I cities — Mumbai, National Capital Region, Bengaluru, Hyderabad, Pune and Chennai — across residential and commercial real estate, the fund manager said on Tuesday.
 
Edelweiss joins the likes of ASK Group and Kotak Realty Fund who have raised real estate funds this

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