PropShare Capital raises Rs 80 crore from COVID-19 distressed fund

Date posted: Friday 3 July 2020

The coronavirus pandemic may have created stress in the overall real estate market but investors continue to scout for Grade A commercial real estate properties at higher yields and distressed prices. To cash on the opportunity, PropShare Capital, a tech enabled commercial real estate investment platform, has raised Rs 80 crore in its first COVID-19 Distressed Opportunities Portfolio Management Scheme offering.