Raising $375 Million Real Estate Fund - Trikona Capital
Posted on November 14, 2007
Filed Under Real Estate
New York based Indian global company - Trikona Capital - is planning to raise a whopping $375 million for real estate funding as reported by Mint Ashish Kalra - managing director and co-founder - said that the funds would be raised by invitation only method and the minimum ticket would be $25 crore. the said project is said to be launched in december and investment would be made in residential and commercial properties.
TheTrikona project would be larger than the recent Kotak’s Realty of Rs. 1200 crore. Their plans dosent ends here. They are also planning on a $1 billion infrastructure fund. They plan to invest more than $10 billion in Indian Real estate over the next 10 years time frame.
You can have a look at the Trikona portfolio here
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