Strata raises 140 crore for Warehouse investment opportunity amid lockdown
Summary
Strata, a tech enabled fractional investment platform for premium Commercial Real Estate (CRE), has raised 140 crore for a consortium of three grade-A warehousing asset opportunities amid the Covid-19 pandemic. The assets are expected to offer investors an average rental yield anywhere between 9.5% and 10% Y-o-Y, which is amongst the highest when compared to other investment opportunities such as -- mutual funds, fixed deposits and equity markets. The latest asset listing of the firm witnessed participation from a diversified set of more than 500 investors across HNIs’, family offices, top management from fortune 500 companies, retail and institutional among others. Commenting on the development, Mr. Sudarshan Lodha, Founder, Strata, said, “We have successfully raised funds for our investment opportunities even in such challenging times which clearly reflects the pent-up demand and high resilience of the sector and the confidence of our investors in our business model. With global supply chains diversifying away from China to India, greater penetration of e-commerce, faster shift to 3PL, and companies eyeing higher inventory levels, we foresee an approx.