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Real Estate Briefing - Categorized | Fund Profile, New Launches more

ASK Group to launch $200-mln realty fund

Posted on 13 September 2012

ASK Property Investment Advisors, the property fund arm of ASK Group, plans to launch a $200 million (Rs 1,100 crore) international real estate fund next month. The fund plans to do initial closure in March 2013 and final closure 12 months after that, said Sunil Rohokale, CEO and managing director, ASK Investment Holdings.
In launching such a fund, ASK joins half a dozen managers such as HDFC, IDFC, IL&FS, Indiareit, Kotak and Tata Realty & Infrastucture, which are planning to launch foreign realty funds………………………………………..Full Article: Source


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