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Lodha UK raises USD 375 million construction finance

Lodha UK raises USD 375 million construction finance

Lodha UK, the London based development arm of IndiaÂ’s largest real estate developer, Lodha Developers, has raised USD 375 million (GBP 290 million) as construction funding for its Lincoln Square development in London, located adjacent to the London School of Economics (LSE) and close to Covent Garden.

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PE arm of HDFC may make first closing of realty fund

PE arm of HDFC may make first closing of realty fund

According to media reports, HDFC Property Fund may make first closing of its fourth real estate fund in March by raising $200 million from institutional and retail investors. The fourth real estate fund was launched late last year with a target size of $500 million and has promised to d