Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Taurus to raise $250-M to invest in commercial, retail real estate in south India
Taurus Investment Holdings plans to raise around USD 250 million for a fund to invest in the commercial and retail real estate market. The firm plans to focus on top cities in South India and develop a portfolio of USD 1 billion over the next five years. The proposed real estate-focussed fund will be raised in two parts of USD 125 million each. The fund will also invest in data centres of up to 25 mw capacity and last-mile specialised logistic facilities across smaller cities. The firm plans to focus on Visakhapatnam, Coimbatore, Mangalore and Trichy. Taurus is currently developing 5.5 million square feet of mixed-use space at Taurus Downtown Trivandrum along with the Embassy Group, involving a total investment of INR 1,500 crore.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.