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Prime Offices Fund makes debut with ₹750 cr office buy
Mint Hyderabad
|May 28, 2025
Prime Offices Fund (PRIME), managed by Nuvama and Cushman & Wakefield (NCW), has made its first acquisition by buying Prius Platinum, a prime Grade A office property in Delhi's Saket District Centre, for ₹750 crore.
NCW is an equal joint venture between Nuvama Asset Management Ltd and Cushman & Wakefield Management Pvt. Ltd. The property, which is 95% leased to multiple tenants, was purchased from a fund managed by a Kotak Alternate Asset Managers Ltd-led consortium, said a person familiar with the matter.
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