BW
BLACKWALLASSETS

Real Estate Co-Investment Opportunities in India

Co-investing is a partnership model that aligns the interests of sophisticated investors with those of an experienced sponsor. It provides direct access to private deals, with capital invested side-by-side.

The Core Pillars of Co-Investment

Direct Deal-by-Deal Participation

Unlike a blind-pool fund, co-investment allows you to evaluate and select individual projects that align with your specific investment criteria.

Sponsor Capital at Risk

The sponsor makes a substantial capital contribution to every deal before inviting co-investors. This "skin-in-the-game" is the most critical form of alignment.

Shared Economics

The economic structure ensures that the sponsor and co-investors share in the project's success. Returns are distributed pro-rata based on capital contribution, as defined in the LLP agreement.

Indicative Ticket Sizes

₹25L – ₹1 Cr+

Typical entry points for co-investment, varying by project scale and structure. Larger allocations are possible for institutional partners.

Governance & Information Rights
Co-investors are partners, not just passengers.

As a partner in the project-specific LLP, you are granted specific rights under the LLP agreement, which typically include:

  • Information Rights: Full access to the secure data room, regular project updates, and annual audited financial statements.
  • Voting Rights: The right to vote on major decisions that fundamentally alter the investment, such as the sale of the entire asset before the planned exit period.
  • Distribution Rights: The right to receive your pro-rata share of any distributable profits as defined in the agreement.
Who This Structure Suits
  • High Net Worth Individuals (HNIs) & Family Offices seeking direct real estate exposure.
  • Investors who want to build a concentrated portfolio of specific, hand-picked assets.
  • Sophisticated investors who prefer active deal evaluation over passive fund allocation.
  • Partners looking for long-term alignment with an experienced operational sponsor.
Who This May Not Suit
  • Investors seeking broad, passive diversification across many properties.
  • Individuals who require high liquidity and short-term exit options.
  • First-time investors who are not comfortable with the complexities of direct deal analysis.
Focus on Alignment, Not Guaranteed Returns
The co-investment model is designed to align interests to pursue success. However, it does not eliminate market and execution risks. Capital is at risk, and returns are not guaranteed.

Ready to Co-Invest?

Apply for partner access to review our current co-investment opportunities and speak with our team.

Apply for Private Deal Access