ASK Property Fund exits Shriram Properties’ Chennai project for Rs 340 crore

· economictimes.indiatimes.com

ASK Property Fund exited its Chennai residential project investment. The fund realized Rs 340 crore against its Rs 215 crore investment. This exit delivered a gross investment multiple of approximately 1.6x. Shriram Properties CEO noted a long-term relationship with ASK Property Fund. ASK Property Fund continues focusing on residential projects with strong fundamentals.

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