Alternative Investment Fund (AIF) | Real Estate
CAT II AIF
Our CAT II AIF (Alternative Investment Fund) is designed to cater to pan-India Grade-A projects with a primary focus on commercial real estate assets. This includes a wide range of commercial projects such as offices, retail spaces, data centers, warehouses and hospitals across under-construction, pre-leased and other completed/operating assets.
By investing in commercial assets at various stages of development our AIF offers investors a diversified portfolio that capitalizes on the flourishing Indian real estate sector and can anticipate a targeted IRR ranging from 18% to 20%.
Our CAT II AIF (Alternative Investment Fund) is designed to cater to pan-India Grade-A projects with a primary focus on commercial real estate assets.This includes a wide range of commercial projects such as offices, retail spaces, data centers, warehouses and hospitals across under-construction, pre-leased and other completed/operating assets.
By investing in commercial assets at various stages of development our AIF offers investors a diversified portfolio that capitalizes on the flourishing Indian real estate sector and can anticipate a targeted Internal Rate of Return IRR ranging from 18% to 20%.
Alternative Investment Fund
hBits Real Estate Fund I
Real Estate Fund I a SEBI-registered CAT II AIF with INR 500 Cr target equity investments in top-tier Indian commercial real estate particularly in income- generating Pre-Leased and Under Construction Grade-A CRE properties including offices and warehouses.
IRR Expectations
Investment Focus
Our fund explores investment opportunities at every phase of real estate development, from projects under construction to assets with existing lease agreements.
As a dedicated Commercial Real Estate (CRE) fund, we target investments in office complexes, data hubs, storage facilities, industrial zones, educational institutions, and hospitals across India, with a particular emphasis on the leading six cities.
(Grade-A pre-leased assets with strong occupiers residual lock-in period and periodic escalations)
(Early-stage construction with land and all regulatory approvals in place)
Investment Thesis
100% Deal Sourcing
Investment opportunities of over INR 2,500 Cr across the top six cities (MMR, Pune, Bangalore, Hyderabad, Chennai and NCR) are sourced month on month by the buy-side team.
50% Evaluation
Yield expected capital appreciation, location, micro market analysis, data insights ( comparables, financial projections, developer, occupier profiles and lease terms).
20% Shortlist
After evaluating basis the above given criteria, keeping in mind the investors’ goals and desired IRR, the investment opportunities are shortlisted.
<1% Transaction
After carrying out legal and title, asset level, technical, financial and tax diligence (in the case of SPV acquisition), the asset is acquired.
Investment Thesis
Why hBits?
50+ Years of combined management experience in Commercial Real Estate
200+ Years of experience and personal ownership in end-to-end commercial real estate development and management
Backed by marquee names in the Commercial Real Estate space
Pipeline of over INR 25,000 crore of Grade-A assets (originated since Nov 2022) with an average of INR 2,500 crore across office, warehouse, industrial and educational institutions
50+ Years of combined management experience in Commercial Real Estate
200+ Years of experience and personal ownership in end-to-end commercial real estate development and management
Backed by marquee names in the Commercial Real Estate space
Pipeline of over INR 25,000 crore of Grade-A assets (originated since Nov 2022) with an average of INR 2,500 crore across office, warehouse, industrial and educational institutions
Our Investments
NASDAQ & NYSE Listed MNCs
Hadapsar Pune
NASDAQ & NYSE Listed MNCs
Hadapsar Pune
Japanese Auto Giant Opportunity - CBD, Bengaluru
Langford Road Bengaluru
