EFC (I) ventures into managing SM REIT, Real Estate News, ET RealEstate

April 30, 2024
1 min read
EFC (I) ventures into managing SM REIT, Real Estate News, ET RealEstate


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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

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