Kotak Investment Advisors Limited (KIAL) has closed KIAL’s 13th real estate fund for opportunistic real estate investments in India.
This fund will have a corpus of approx. ₹8170 crores ($1,000,000,000) , secured through an investment of approx. ₹4085 crores ($500,000,000) from a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), and is domiciled in Gujarat International Finance Tech City (GIFT City).
DSK Legal assisted KIAL in reviewing, negotiating and revising the contribution agreement(s), investment management agreement and the trust deed and drafting and reviewing of all other ancillary documents related to the transaction.
The transaction team consisted of Hemang Parekh (Partner), Saumya Malviya (Senior Associate) and Sharmishtha Bharde (Associate).
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