EFC (I) ventures into managing SM REIT

April 30, 2024
0 Comments

The board also approved establishment of EFC Estate, a wholly-owned subsidiary, for potential strategic partnership and investments in commercial real estate projects, IT Park projects.

Online Bureau
  • Updated On Apr 30, 2024 at 09:11 AM IST

Read by: 100 Industry Professionals

Reader Image Read by 100 Industry Professionals

NEW DELHI: The board of directors of EFC (I) recently approved incorporation of EFC REIT, a step-down subsidiary, to act as a investment manager to small and medium real estate investment trusts (SM REIT).

EFC REIT will act as an investment advisor, investment manager, financial consultant, management consultants and/or portfolio manager.

The board also approved establishment of EFC Estate, a wholly-owned subsidiary, for potential strategic partnership and investments in commercial real estate projects, IT Park projects.

The board approved the incorporation of EFC Investment Advisors, a wholly-owned subsidiary, to act as the investment manager to an alternate investment fund (AIF).

  • Published On Apr 30, 2024 at 09:11 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App

Leave a Comment

Compare Properties

Compare (0)