Kotak Mahindra AMC launches India's first REIT fund of funds
Real Estate

Kotak Mahindra AMC launches India's first REIT fund of funds

Kotak Mahindra AMC recently launched Kotak International REIT Fund of Funds, which is an open-ended scheme that invests in units of the SMAM Asia REIT Sub Trust Fund. The New Fund Offer (NFO) closes December 21.

The Kotak International REIT Fund of Funds scheme provides opportunities for investors to grow in the real estate market without having to own the entire asset and invests in real estate projects in residential, office, data centres, warehousing, retail and hospitality domains.

SMAM Asia REIT Sub Trust Fund, the largest group investing in REITs in the Asia-Pacific region is SMAM Asia REIT Sub Trust Fund, is managed by Sumitomo Mitsui DS Asset Management Company Limited, which has a significant portfolio of REITs in Singapore, Australia and Hong Kong.

Source: Livemint

Kotak Mahindra AMC recently launched Kotak International REIT Fund of Funds, which is an open-ended scheme that invests in units of the SMAM Asia REIT Sub Trust Fund. The New Fund Offer (NFO) closes December 21. The Kotak International REIT Fund of Funds scheme provides opportunities for investors to grow in the real estate market without having to own the entire asset and invests in real estate projects in residential, office, data centres, warehousing, retail and hospitality domains. SMAM Asia REIT Sub Trust Fund, the largest group investing in REITs in the Asia-Pacific region is SMAM Asia REIT Sub Trust Fund, is managed by Sumitomo Mitsui DS Asset Management Company Limited, which has a significant portfolio of REITs in Singapore, Australia and Hong Kong. Source: Livemint

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?