DSK Legal acts on setting up of real estate investment fund by KIAL

Kotak Investment Advisors Limited (KIAL) has set up its 12th real estate fund for investment in office assets in India, in conjunction with a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

DSK Legal advised KIAL in the deal, and assisted with negotiating and revising the contribution agreement(s), investment management agreement and the trust deed and drafting and reviewing of all other ancillary documents related to the transaction.

The transaction team was led by Hemang Parekh (Partner), Pooja Khanna (Principal Associate) and Saumya Malviya (Senior Associate).

The fund will have a corpus of US$590 million and is domiciled in the Gujarat International Finance Tech City (GIFT City).

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.