Motilal Oswal Real Estate invests ₹518 crore across nine deals

Motilal Oswal Real Estate, the real estate investment arm of Motilal Oswal Private Equity Advisors Pvt. Ltd (MOPE), has invested 518 crores across nine deals, mostly in residential projects, a senior executive said.

The investment comes at a time when the housing sector is facing a slowdown in sales and a squeeze in liquidity from non-bank lenders.

The investments have been made from MOPE’s Indian Realty Excellence Fund or IREF-IV. The fund, which invests in mid-income residential projects and selectively in mid-sized commercial office projects, is in the last lap of raising capital. It has raised 1,100 crores since it was launched in mid-2018, largely from high-net-worth investors and family offices, and is expected to make a final close at 1,200 crores next month.

Source: Motilal Oswal Real Estate invests ₹518 crores across nine deals

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