Nuvama-Cushman & Wakefield JV raises Rs 1,700 crore for investment in office assets
real estate fund for making investments in office assets across major cities in India. The NCW is a Joint Venture (JV) between wealth management firm Nuvama Asset Management and global real estate consultant Cushman & Wakefield.
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In a statement on Thursday, the JV firm announced the first close of its Prime Offices Fund (PRIME).
The fund achieved a corpus of around Rs 1,700 crore, it added.
The Fund aims to offer investment opportunities to investors in the Indian commercial real estate sector.
The Fund will focus on Grade A+ offices across key micro-markets in India's top six cities — Bengaluru, NCR, Pune, Mumbai, Chennai, and Hyderabad.
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