Private equity firm Xander Group builds entire office portfolio on its own

Private equity firm Xander Group has built its entire office portfolio in the country on its own, as opposed to global peers such as Blackstone and GIC that have taken the joint venture (JV) route.

Xander has been investing in commercial assets since 2006 and owns over 6 million squre feet of office assets. The firm has operating assets across multiple cities, including Bengaluru, Chennai and Delhi. 

“We have chosen to build a 100 per cent owned office portfolio, rather than investing in joint ventures, because it allows greater operational flexibility and value-creation opportunity,” said Arpit Singh, principal-investment group, Xander Investment Management.