Alt Introduces New Holding Company Expanding Access to Alternative Investments in India
Alt, a new holding company introduced by Property Share in Bengaluru, Karnataka, is set to revolutionize the world of alternative investments for individual investors. With a focus on providing access to a diverse range of global asset classes, Alt aims to offer higher returns and sophisticated investment opportunities.
Property Share, known for pioneering fractional ownership of commercial real estate in India, has now become a wholly owned subsidiary of Alt. The platform has seen tremendous success since its inception in 2015, with over Rs. 1,700 crores invested in pre-leased commercial properties and Rs. 250 crores returned to investors. In 2024, Property Share’s SM REIT business became a regulated product under SEBI, marking a significant milestone in the industry.
The launch of Alt signifies a new chapter for Property Share, as it expands its offerings to include high yield securitized real estate, private real estate investments in the UK, publicly listed real estate, and the AltCap Yield Fund targeting office and warehouse assets in India. Alt’s Co-Founder and CEO, Kunal Moktan, expressed the company’s vision of providing a platform for global alternative assets, emphasizing the importance of these assets in investment portfolios.
Alt has also announced World Chess Champion Gukesh D as its brand ambassador, highlighting the strategic thinking and bold decision-making ethos shared by the company and the young prodigy. With a strong team of directors, investors, and advisors, Alt is poised to make sophisticated asset classes more accessible than ever before.
The partnership between Alt and Gukesh reflects a shared commitment to excellence and innovation in the world of investments. As Alt continues to broaden its horizons and offer new opportunities to investors, the future looks bright for those looking to diversify their portfolios and explore alternative asset classes.