Business · Companies · 6 hrs ago

Aditya Birla Sun Life AMC and BGO target $1 billion India real estate portfolio

Aditya Birla Sun Life AMC and BGO target $1 billion India real estate portfolio

Aditya Birla Sun Life AMC and global investment firm BGO are aiming to build a $1 billion real estate portfolio in India over the next two to three years.

Their platform provides credit for property projects through alternative investment funds and portfolio management services.

Since 2022, it has invested more than $200 million in 19 projects across six cities.

It focuses on approved residential, commercial and mixed-use developments with established developers.

Developers are increasingly seeking structured funding from institutional investors as the sector changes and consolidates.

The platform says it checks projects’ technical, legal, financial and market risks, and its investments have security cover of 1.5 to two times.

It plans to expand selectively while managing risk and preserving capital across market cycles.

What people are saying

The evolution of India's real estate market is creating a larger role for institutional credit, particularly as developers look for capital that is structured around the stage and risk profile of a project.
A BalasubramanianManaging director and CEO of Aditya Birla Sun Life AMCvia Economic Times
We see an opportunity to scale selectively as India's real estate credit market deepens.
Bharat KhannaHead of India at BGOvia Economic Times

Sources

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