real estate: 360 Realtors to acquire retail and commercial assets for fractional ownership platform

real estate: 360 Realtors to acquire retail and commercial assets for fractional ownership platform


Real Estate advisory firm 360 Realtors is in talks to acquire 2 lakh sq ft of commercial and retail space for Rs 200 plus crore under its fractional ownership platform.

The company has already acquired a 20,000 sq ft of retail space at a Gurgaon mall for Rs 25 crore.

“We will list the property for raising money from investors and are currently eyeing at least 10 properties in NCR,” said 360 Realtors founder Ankit Kansal.

According to , fractional ownership has emerged as a new way of investment in commercial real estate and has caused extensive rebranding in the realty sector.

While the concept of fractional ownership in real estate has been prevalent in the US and Europe market for a long time, it is now gaining momentum in India.

The commercial real estate asset class has been the playground for largely institutional investors for years and is gaining momentum as an investment avenue for the aspiring middle class and retail investors.

“The asset size we are looking at will be in between 20,000-50,000 sq ft as it will be easy to exit. Later on, we will add warehousing also since demand for it has gone up because of Covid-19,” Kansal said.

The company also plans to raise a Rs 500 crore alternative investment fund (AIF) to invest in stalled residential projects in 2022.

The AIF will purchase real estate inventory in bulk in stressed real estate projects. The fund is being distributed by leading wealth managers and investment bankers.

“While in residential, our focus will be on to get last mile funding for stuck projects and complete it, in the commercial segment, we will only focus on fractional ownership,” Kansal added.



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