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Certus Capital to roll out its first Rs 500-crore real estate AIF this fiscal

Money Control · 5m

- Certus Capital plans to launch its first credit-focused alternative investment fund (AIF) with a corpus of over Rs 500 crore in FY25. - The firm aims to invest over Rs 1,000 crore through secured credit in the real estate sector by the end of FY25. - Certus Capital has closed about Rs 450 crore of investment pipeline in three different transactions and aims to commit the rest by the end of the current fiscal year. - Recent transactions include investments of Rs 130 crore in two commercial real estate projects in Pune and Rs 125 crore in a Casagrande Project in Chennai. - The company plans to increase its commitment to Rs 1,500-2,000 crore within the next 12-18 months, focusing on post-RERA projects with a healthy project timeline. - The southern cities, particularly Chennai and Hyderabad, will account for a significant portion of Certus Capital's future transactions, along with potential investments in Tier II cities.