KKR eyes big-ticket realty deals
The company does deals though KKR India Financial Services and NBFC KKR India Asset Finance with GIC
In a bid to do large deals of Rs 1000 crore and above in Indian real estate, global private equity giant KKR is looking to lend from its proprietary book and other global sources, said a source in the know. So far, it has done structured credit deals worth Rs 200-Rs 300 crore each.
For bigger deals of Rs 1,000 crore and above, it is looking to draw money from its proprietary book and limited partners, the source added. Currently, the PE fund lends to developers from its sector-agnostic non-banking financial company KKR India Financial Services and real estate-focused NBFC KKR India Asset ...
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First Published: Wed, August 24 2016. 23:42 IST