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Godrej fund’s final close of office development platform at $450 million


Godrej Fund Management is the real estate private equity arm of the Godrej Group and is a wholly owned subsidiary of Godrej Investment Advisers. (Representational Image)

Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, has announced the second and final close of its $450-million office development platform named GBTC-I. The platform has partnered with Allianz Real Estate which has committed $150 million to the platform.

Earlier, APG Asset Management had committed $150 million to the platform. GBTC-I which targets the development of premium Grade-A offices in tier one cities in India also has a ...


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