360 ONE

360 ONE Asset has raised Rs. 2,300 crore for its latest real estate-focused investment fund, underscoring sustained investor appetite for India’s property sector amid improving market fundamentals. The fund is expected to target a diversified portfolio spanning residential, commercial, and select special-situation assets in major urban centers. The successful capital raise reflects growing confidence in real estate as a resilient asset class, supported by regulatory reforms, steady demand, and disciplined balance sheets among developers.

360 ONE, a leading real estate investment firm, has announced the acquisition of a strategic stake in Brookfield’s prominent commercial property, signaling its intent to expand its portfolio in high-value urban assets. The investment reflects a focus on prime commercial real estate with robust rental yields and long-term growth potential. Analysts note that this move aligns with 360 ONE’s strategy to diversify holdings, strengthen market presence, and capitalize on the growing demand for premium office and retail spaces in metropolitan areas.

In a decisive move signaling India’s maturing wealth management landscape, 360 ONE, formerly known as IIFL Wealth, has obtained approval from the Competition Commission of India (CCI) to acquire key wealth and asset management businesses of UBS in India. This landmark acquisition underscores 360 ONE’s ambition to solidify its leadership position in the ultra-high-net-worth segment, while enabling UBS to pivot strategically within the country.

In a major strategic divestment move, asset management firm 360 ONE offloaded a 12.02% stake in Northern Arc Capital for Rs. 382 crore via open market transactions. The Mumbai-based firm reduced its shareholding from 16.4% to 4.38% after selling approximately 1.94 crore shares across a price range of Rs. 195.71 to Rs. 198.74 per share. The transaction attracted global buyers, with BNP Paribas and Abu Dhabi’s Cohesion Asset Management jointly acquiring a 1.16% stake.

The Competition Commission of India (CCI) has approved the acquisition of stakes in Bharti AXA Life Insurance Company by 360 ONE Private Equity Fund and Bharti Life Ventures. This joint proposal aims to strengthen the life insurance company’s position in the market. The deal involves the acquisition of equity shares, and it is expected to boost Bharti AXA Life Insurance’s growth trajectory, enhance product offerings, and expand its distribution network. The approval marks a significant step in the collaboration between the Bharti Group and 360 ONE in the insurance sector.