Two men review blueprints in a busy Bengaluru industrial warehouse.
Strata has announced the successful sale of a Bengaluru industrial property for Rs 35.3 crore. This exit marks a significant achievement for the real estate investment platform, generating a 15.3% Internal Rate of Return (IRR) and nearly doubling the initial capital invested by its investors.
The asset, acquired by Strata in 2021, was fully leased and served as a key facility for Randox Laboratories, a prominent global diagnostics firm. The strategic sale underscores Strata’s capability in identifying, managing, and divesting commercial real estate assets to maximize investor returns.
This transaction represents Strata’s third successful exit from its portfolio, further solidifying its reputation for delivering robust financial performance within the competitive commercial real estate market. The company continues to focus on creating value for its investor base through strategic acquisitions and timely exits.
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