Pref Ii News Today

PropShare Real Estate Fund II: PREF II is targeting to raise Rs. 500 crores with a further Rs. 200 crore green shoe option. It will focus on completed Class A income-generating commercial real estate leased to multinational and blue-chip tenants in the tech hubs of India.

According to the company, PREF I has been fully deployed across four office assets in Bangalore and Mumbai which are 100% leased to Grade A tenants like LG, Tata Finance and 24/7 AI.

AB CarVal, a part of AllianceBernstein, has closed its CVI Clean Energy Fund II (CEF II) with $1.5 billion in total capital commitments.