Azure Capital Raising $94M Fund

India's Azure Capital said on Thursday it will raise up to 5 billion rupees ($94.10 million) through a real estate private equity fund that will invest in commercial properties across the top seven cities in the country, Reuters reported Thursday. The fund would be a rental yield fund, where investments will be made into commercial properties that are pre leased, the firm said in a statement.

11 October 2012•1 min read
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