Godrej Fund Management launches $500 million office platform; raises $250 million in 1st round

Godrej Fund Management launches $500 million office platform; raises $250 million in 1st round
SECTIONS
Last Updated: Jan 18, 2021, 01:19 PM IST
Share
Synopsis
Singapore-based GFM, a real estate private equity arm of the Godrej Group, on Monday announced the first closure of its USD 500 million office development platform 'GBTC II' in partnership with Netherlands-based APG Asset Management NV (APG).
"We have made first closure of USD 250 million. The fund will be deployed this calendar year," GFM MD and CEO Karan Bolaria told.
New Delhi: Private equity firm Godrej Fund Management (GFM) has raised USD 250 million in the first tranche for its new platform to develop prime office buildings across four major cities. Singapore-based GFM, a real estate private equity arm of the Godrej Group, on Monday announced the first closure of its USD 500 million office development platform 'GBTC II' in partnership with Netherlands-based APG Asset Management NV (APG).

Related Keywords

Mumbai , Maharashtra , India , Bengaluru , Karnataka , Netherlands , New Delhi , Delhi , Singapore , Pune , Graeme Torre , Karan Bolaria , Godrej Office Fund , Godrej Group , Godrej Fund Management , Managing Director , Management Asia , Building Construction , Pe Firm , Office Platform , மும்பை , மகாராஷ்டிரா , இந்தியா , பெங்களூரு , கர்நாடகா , நெதர்லாந்து , புதியது டெல்ஹி , டெல்ஹி , சிங்கப்பூர் , புனே , கிரேம் டார் , கோதுரேஜ் அலுவலகம் நிதி , கோதுரேஜ் குழு , கோதுரேஜ் நிதி மேலாண்மை , நிர்வகித்தல் இயக்குனர் , மேலாண்மை ஆசியா , கட்டிடம் கட்டுமானம் , பே நிறுவனம் , அலுவலகம் நடைமேடை ,