ASK Property Fund announces exit of ₹350 crore from QVC Realty projects, delivers around 20% IRR Hindustan Times
ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset and Wealth Management Group, has announced an exit of ₹354 crore from its investment in three projects of QVC Realty Developers. The investment amount was ₹200 crore and the company has achieved 1.8x multiples of capital invested with an IRR of approximately 20%, the company said in a statement.
