Tribeca to raise Rs 2,000 crore realty distresss debt fund

Tribeca to raise Rs 2,000 crore realty distresss debt fund
Jul 2019 , by , in Latest News, News/Views

Tribeca, the builders of Trump Towers in India, is in the process of raising a Rs 2,000 crore debt fund to invest in real estate projects that are stuck due to financial issues in the major markets in Major property markets in the country.

The proposed distress fund will acquire projects under development management agreements and the joint venture model in the Mumbai Metropolitan Region and the National Capital Regions.

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