Bengaluru, July 8 -- Nuvama and Cushman & Wakefield Management Pvt. Ltd's (NCW) first real estate fund, Prime Offices Fund, has raised Rs.4,000 crore, hitting the final close, as it looks to launch its second fund later this year.

Prime Offices Fund, which was launched in 2024, is a commercial office-focused fund that has deployed around 45% of its capital across three investments in Delhi, Chennai, and Pune, spanning 4 million sq ft.NCW is an equal joint venture between Nuvama Asset Management, an arm of Nuvama Wealth Management Ltd, and real estate services firm Cushman & Wakefield. The first fund has been raised entirely from domestic investors, including family offices and high net-worth and ultra-rich individuals.

The fund, launche...