Mayank Jain Joins hBits as Chief Investment Officer
hBits, the real estate company offering fractional ownership to investors in preleased Grade A properties, on Thursday announced that the company appointed Mayank Jain as the Chief Investment Officer. The appointment aligns with the company’s vision to make the Grade A commercial real estate industry available to every individual retail investor in the country.
The plan is to acquire new assets like data centres, warehouses, and Grade A office spaces to boost the company’s growth across six targeted cities–Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, and Pune by the end of next year.
Mayank has over 15 years of experience working with focused private equity funds like IndoSpace Capital, Everstone Group and LOGOS Group across investments and asset management, primarily in industrial and mixed-use commercial real estate.
His contribution has been instrumental in closing more than 20+ real estate-focused private equity transactions, including primary investments, follow-on rounds, equity divestitures and land monetization, contributing more than $550 million.
About Mr Mayank Jain : 15+ years at top-notch India focused private equity funds across Investments and Portfolio & Asset Management, primarily in Industrial & Retail-led Mixed Use Real Estate.
Closed 20+ real estate focused private equity transactions including primary investments, follow-on rounds, equity divestitures and land monetization totaling more than USD 500 million.
Closed three debt financing (for PERE portfolio SPVs) transactions (LRD, CF and last mile Mezz) totaling ~INR 600 crore.
Additionally, some active investor relations and fund administration – capital calls, distributions and annual portfolio valuation exercise, investor reporting and so on.
About hbits : hBits is the most experienced and leading fractional ownership platform in the country, working at the intersection of real estate and technology. We started in 2019 with the vision to democratize access to real estate. Real estate traditionally was only accessible to ultra HNIs and institutions. Our goal is to become a global market for real estate by bringing this lucrative asset class to the everyday investors. ( hBits Fractional Real Estate Investment Platform – Propheadlines )
Prop headlines is the Corporate Channel sales Partner of hbits for Updated Fractional Investment plans call call + 91-9845017139 / +91-9845044734 / + 91-9845064533
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