NovumLake Property Fund – a category II Alternative Investment Fund

Focused on completed and brownfield commercial Real estate

Over 400 Crores raised via the Fund, Co-Invest & Co-Participation

LPs include Financial Institutions, Family Offices and HNI’s

Successful asset acquisitions in Mumbai & Pune

Fund Highlights

Superior
Post-Tax IRR

Experienced
Team

Differentiated
Playbook

Risk
Mitigation

Demand
Pull from GCC

NovumLake Property Fund targets Portfolio Level Gross IRR of 18 to 20+ %

Our Competitive Advantage

Distress
Deals

Operations
Value Add

Value Investing
Principles in Real Estate

Mid market deal
size with less competition

Focus on Top Cities & Micro-markets

Lower Risks in the Real Estate Value Chain

Fund Portfolio

Fund Portfolio: Asset #1

Completed commercial building in one of the largest micro markets in Mumbai: Andheri Nr. WEH Premium Location + Superior Connectivity by Road, Rail, Metro & Bus + Constrained Supply + Strong Demand

Mumbai Asset: – NCLT Acquisition

Purchase price of INR 13,000/ sqft¹

100%  Occupancy

23+% IRR²

~87,000 sft Leasable Area

1.9x MOIC²

Asset and location highlights

    • Prime location near the Western express Highway in Andheri
    • Superb public transport connectivity via multiple metro rail lines, Western rail line, airport (T1 & T2)
    • 100% completed commercial office asset + 100% occupancy
    • Asset is substantially under rented compared to current market levels

    Fund Portfolio: Asset #3

    Completed commercial building in Bengaluru CBD in Church Street: Iconic Location + Excellent Connectivity + Constrained Supply + Strong Demand + Attractive Entry Price with Rental Upside .

    Bengaluru Asset: Private Sale

    Purchase price of INR 13,500/ sqft1

    100%  Occupancy

    ~20+% IRR2

    1.1 Lakh sft Leasable Area

    3.2x MOIC2

    Asset and location highlights

      • Rare freehold land and building in Church Street, Bengaluru at an Iconic location with great frontage
      • Proximity to the metro station and surrounded by popular social & cultural infrastructure.
      • 100% completed commercial office asset + 100% occupancy
      • Asset is substantially under-rented as compared to current market, thereby offering significant upside potential

      Fund Portfolio: Asset #2

      Completion capital to a brownfield commercial project with best-in-class specifications in Pune CBD: Koregaon Park + Marquee Location + Grade A plus Building + Excellent Connectivity + Attractive Terms.

      Pune Asset - Construction Completion Funding

      20% Fixed IRR1 de-risked deal structure

      Grade A+ specifications

      Advanced completion stage

      USGBC LEED Platinum Rating

      Trophy location in CBD

      Asset and location highlights

        • Irreplaceable Location – North Main Road in Koregaon Park in Pune, Next to Taj Blue Diamond
        • ~500m away from operational metro rail station
        • Low vacancy levels (~2%) and commands the highest rents compared to Pune’s other office hubs 3
        • Grade A+ IT/ITES office development
        • Late stages of construction with expected completion in April 2027

        Fund Basics

        Fund Name & Type NovumLake Property Fund / Cat-2 AIF
        Asset Class Commercial Rental Properties
        (Offices / Tech Parks / Others)
        Target Fund Size INR 500 crores + Greenshoe Option of INR 500 crores
        Sponsor & Investment Manager NovumLake Partners Pvt. Ltd. /
        Key Management Personnel (KMP):
        Mr. Miteshkumar Agrawal
        Strategic Operations Partner Nirlon Management Services Pvt. Ltd. (NMS)