PropShare AIF

Our view on their team, the pedigree, the funds & investment philosophy followed.

IME's Review of PropShare AIF

AMC View

PropShare was founded as a tech platform that provides its users access to institutional-grade commercial real estate with property management and liquidity through resale. The AMC has recently launched their AIF structure. PropShare's team comes with deep experience in institutional real estate investing and provides institutional-quality analysis, asset management and liquidity at much lower investment thresholds.

AMC Pedigree

PropShare was among the first India RE-focused advisor that made commercial real estate affordable for investors. With a $3bn transaction value and 33 mn sqft of office, retail, and warehousing assets in India since the inception of the firm, the firm comes with high credibility in identifying properties. PropShare is also backed by leading VC funds such as Lightspeed and Beenext among others with the same representatives on the board.

Team Pedigree

The investment team at PropShare is led by Kunal Moktan and Hashim Khan. Kunal Moktan comes with 10+ years of experience buying, managing, and selling real estate of which 8 years was with the Blackstone Group, the world's largest real estate fund with $154bn AUM. The team also has experience of managing/advising $3bn across 33mn sqft since the inception of the AMC.

Investment Philosophy

Clear commercial property rental yield-focused strategy. The narrow focus reduces the risk for investors, unlike other RE strategies that have a presence in last-mile funding (which lack cash flows and have gestation periods before realization). The tenant credibility and lock-in bring certainty of cash flow to the investors.

PMS Background

PropShare was originally founded as a technology-enabled platform to provide investors access to institutional-grade commercial real estate, combining professional property management with liquidity through a structured resale mechanism. Over time, the platform has expanded into PMS and AIF offerings, leveraging its core strengths in real estate sourcing, underwriting, and asset management. Since inception, PropShare has executed commercial real estate transactions exceeding USD 3 billion in value, spanning over 33 million square feet, establishing itself as a credible institutional participant rather than a pure aggregation platform. The team brings deep experience in institutional real estate investing, offering investors institutional-quality analysis, asset management, and governance at significantly lower investment thresholds.

PMS Investment Philosophy

PropShare follows a narrowly defined and execution-focused investment philosophy centred on completed, Grade A commercial office assets. The strategy targets stable rental yields of approximately 7–9%, distributed on a monthly or quarterly basis, alongside participation in capital appreciation to achieve an overall target IRR of 17–20%. Asset selection is driven by tenant quality and cash flow certainty, with a strong bias towards properties leased to multinational corporations and a minimum of 75% occupancy over an estimated holding period of 3–5 years. By maintaining a single-asset-class focus on income-generating office assets, PropShare avoids development-stage or last-mile funding risks, thereby

Investment team

Kunal Moktan | 4-star rated FM

Co-founder and CEO | 22 yrs Experience | 11 yrs at current firm

Past Experience: Investment Professional (Blackstone Real Estate Partners), Mergers and Acquisition Analyst (Thomson Reuters)

Kunal Moktan comes with over 15 years of experience in Real Estate and M&A positions. At Blackstone Real Estate Partners, he was responsible for building the Blackstone real estate portfolio making it the largest RE fund with $154bn AUM. Kunal Moktan graduated from IIM-A in 2007.

Hashim Khan | 4-star rated FM

Co-founder and CTO | 24 yrs Experience | 10 yrs at current firm

Past Experience: Head of IT Division (Alshaya Trading), Business Solution Manager (M. H. Alshaya)

Hashim Khan comes with over 15 years of experience. He was the head of the IT division in a multi-billion dollar middle eastern conglomerate. His experience in managing and implementing technology and processes is key to PropShare's proposition. Hashim Khan graduated from IIM-A in 2007.

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