The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Tata Group pegs retail real estate fund at $1 billion

Tata Group, which joined with private equity firm Xander Group through its group company Trent in April, has outlined plans to raise $1 billion for an institutional retail real estate fund.

Xanda will invest in the development of an institutional retail real estate portfolio in India in partnership with high-quality Indian developers.

Trent will have anchor tenancy rights and will participate with Xander in the management of such a portfolio and its growth. This recent move by Tata mirrors the actions of other big retail players, such as Future Group, which controls retail company Pantaloon Retail, and has floated two real estate funds specifically for the retail sector.

Share

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree