12.07.2011 - India: PEs switch focus to rental assets in commercial space
Occupied commercial buildings are the new favourites for private equity investors in the real estate sector. In a property market where developers are trying to manage cash flows to reduce debt and fund development projects, dedicated rental yield funds like IL&FS Milestone Fund and JM Financial Real Estate Income Fund have bought into such assets, while a few new funds are being raised to focus on this segment..............................................Full Article: Source
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