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Property Share Launches Alt Platform, Partners with World Chess Champion Gukesh D
Property Share, India's pioneering platform for fractional ownership of commercial real estate, has introduced Alt, a new holding company aimed at expanding access to alternative investments for individual investors. As part of this transformation, Property Share has become a wholly owned subsidiary of Alt and will continue to operate under its original brand exclusively for its Small & Medium REIT (SM REIT) business.
Since its inception in 2015, Property Share has reshaped the private real estate investment market in India. The platform has facilitated investments worth over Rs 1,700 crore in pre-leased commercial properties and returned Rs 250 crore to investors. In 2024, Property Share achieved a major milestone by securing India's first SM REIT license under SEBI’s regulatory framework and launching PropShare Platina, the country's first SM REIT scheme, in December 2024.
With the launch of Alt, the company is broadening its investment offerings beyond real estate. The new platform provides investors with opportunities in high-yield securitized real estate backed by pre-leased Grade A office properties in India, private real estate investments in Class A warehouses in the UK, and publicly listed real estate assets across the US, Canada, UK, EU, and India. Additionally, Alt has introduced the AltCap Yield Fund, a Category II Alternative Investment Fund (AIF) focused on acquiring high-value office and warehouse assets in India. The fund has already completed its first investment in a Grade A+ warehouse leased to a Fortune 500 multinational corporation.
According to Kunal Moktan, Co-Founder & CEO of Alt, alternative assets now account for nearly 15% of global portfolios and play a crucial role in sophisticated investment strategies. With Alt, the company aims to make these institutional-quality investments accessible to individual investors, helping them achieve higher returns. Hashim Khan, Co-Founder & CTO of Alt, highlighted the company’s commitment to simplifying investment access, stating that Alt will provide a seamless platform for investors to diversify into alternative asset classes globally.
In a strategic branding move, Alt has announced a partnership with Gukesh D, the youngest-ever World Chess Champion, as its brand ambassador. The company sees strong parallels between chess and investing, both of which require strategic thinking, precision, and long-term vision. Hashim Khan shared that Alt recognized Gukesh’s exceptional talent during The Candidates tournament in 2024 and became one of his early sponsors. That decision proved prescient when Gukesh went on to claim the world title in December 2024.
Kunal Moktan expressed pride in welcoming the chess prodigy to the Alt family, emphasizing that investing, like chess, demands patience, foresight, and decisive action. With the launch of Alt and this high-profile partnership, the company is set to redefine alternative investments, offering individual investors the ability to participate in asset classes traditionally dominated by institutions.
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