PERE: Exclusive - BGO expands $1bn India-focused lending platform
BGO has funded a $39 million commercial real estate loan in India as part of its long-term strategy to invest $1 billion in the country by 2028. This move reflects the growing need for rescue capital in a high-interest rate environment and demonstrates BGO’s ongoing commitment to diversify its global real estate private credit portfolio. The financing was provided to Namo Realtech, a Delhi-based real estate firm, through BGO’s joint venture with Aditya Birla Sun Life Asset Management, with the capital supporting a Class A multifamily development in Gurgaon.
Since launching the India-focused lending platform in 2022, the vehicle has committed $100 million across 10 deals. BGO’s leadership sees strong opportunities in both credit and equity in India’s commercial real estate market, citing favorable regulatory reforms and government initiatives. With banks retreating from lending, alternative credit providers like BGO are filling the gap. The firm remains bullish on India’s economic resilience and real estate growth potential.
