Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
WSB - BlackSoil residential projects focused debt fund raises over Rs.500-Cr
Alternative investment platform WSB Real Estate Partners and alternative credit platform BlackSoil Group have raised over INR 500 crore through their residential property debt fund WSB Real Estate Debt Fund II. The fund will focus on investing, through structured debt, in residential real estate projects serving the mid-income and affordable housing segment across select tier I cities and look to partner with developers with robust execution and delivery track record. The fundraise has witnessed active participation from including large family offices, corporates, offshore investors, and high networth individuals (HNIs). The INR 500 crore fund also has an additional green shoe option of INR 250 crore, which is being raised now.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.