Ahmedabad, April 25 -- In a significant milestone for the commercial real estate landscape, Venus Group has completed a transaction of 2,07,838 sq. ft. of premium office space at Stratum at Venus Grounds in Ahmedabad, to a Real Estate Investment Trust (REIT). This marks one of the first instances of developer-led office assets from Ahmedabad being institutionalised under a REIT framework.
The identified office inventory, strategically spread across multiple floors at Stratum, Nehrunagar, Ahmedabad, has been leased and monetised throughPropShare Celestia, India's first SM REIT platform. This reflects strong investor confidence in high-quality, income-generating commercial assets from emerging markets.
The asset is fully leased to a diversi...