Axis AMC and Tishman Speyer's Real Estate Fund Makes Its First Investment
Axis Asset Management Company, a subsidiary of Axis Bank, has closed its maiden deal from the real estate investment fund set up jointly with US-based developer Tishman Speyer.
Real Estate InvestmentCommercial Real EstateIndiaAxis AmcTishman SpeyerReal Estate MumbaiAug 12, 2024
The category-II alternative investment fund, Axis Commercial Real Estate Fund, was launched in partnership with Tishman Speyer to invest in commercial real estate projects in India. This fund aims to capitalize on the growing demand for office spaces in the country.
Axis AMC's partnership with Tishman Speyer brings together the expertise of two industry leaders. Axis AMC is one of the leading asset management companies in India, with a strong track record of managing various asset classes. Tishman Speyer, on the other hand, is a well-established US-based developer with a global presence.
The real estate sector in India has witnessed significant growth in recent years, driven by government initiatives, increasing demand for office spaces, and the rise of e-commerce. The sector is expected to continue its upward trajectory, making it an attractive investment opportunity for investors.
Axis AMC's maiden deal from the real estate investment fund is a significant step forward for the company, and it is expected to pave the way for future investments in the sector.
About Axis Asset Management Company
Axis Asset Management Company Ltd. is a subsidiary of Axis Bank Ltd., one of India's largest private-sector banks. Axis AMC is one of the leading asset management companies in India, offering a range of investment products to its clients.
About Tishman Speyer
Tishman Speyer is a US-based developer with a global presence. The company has a strong track record of developing iconic buildings and providing high-quality services to its clients.
Frequently Asked Questions
What is the name of the real estate investment fund set up by Axis AMC and Tishman Speyer?
The fund is called Axis Commercial Real Estate Fund.
What is the focus of the Axis Commercial Real Estate Fund?
The fund focuses on investing in commercial real estate projects in India.
Who are the partners in the Axis Commercial Real Estate Fund?
The partners are Axis AMC and Tishman Speyer.
What is the expected growth trajectory of the real estate sector in India?
The sector is expected to continue its upward trajectory, driven by government initiatives, increasing demand for office spaces, and the rise of e-commerce.
What is the significance of Axis AMC's maiden deal from the real estate investment fund?
The deal marks a significant milestone for Axis AMC and is expected to pave the way for future investments in the sector.
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