LICHFL Real Estate Overseas Fund
A Global Sustainable Housing Investment Platform
LICHFL Real Estate Overseas Fund – I (LREOF) is an international fund launched by the LIC Group’s fund management platform. The fund is structured as an integrated sustainable impact housing fund, focused on creating long-term value through investments in real estate assets aligned with global growth opportunities.
LICHFL Asset Management Company Limited is registered with the International Financial Services Centres Authority (IFSCA) as a Fund Management Entity (Non-Retail), under the IFSCA Fund Management Regulations, 2022.
Strategic Sectoral Investments
Established as a trust under the Indian Trusts Act, 1882
Irrevocable contributory determinate trust structure
Category III close-ended fund
Structured as a Restricted Scheme (Non-Retail)
Designed for Global Investments
Proposed Corpus
USD 350 Million
Green Shoe Option
USD 175 Million
Fund Tenure
8 Years
Investment Horizon
3 to 6 years per portfolio investment
Sustainable Housing & Impact Investments
- Sustainable housing projects
- Impact-driven real estate investments
- Opportunities aligned with global housing demand
Institutional and Global Investors
- Institutional investors
- Global funds and financial institutions
- Family offices and UHNI investors
- Strategic and impact-focused investors
Structured Returns with Downside Protection
Key Metrics
Hurdle Rate:
Hurdle Rate: 8% (USD investors)
Target IRR: ~20%+ (with performance-linked upside)
Target IRR:
~20%+
Security Highlights
- Asset-backed investments
- Promoter guarantees & pledges
- Cash flow hypothecation
Security & Compliance Structure
Sub-Registrar Office (Mortgage registration)
Registrar of Companies (ROC / MCA)
RERA Platform
Capital Protection with Scalable Growth
Focus on asset-backed investments
Minimum 2.5x cash flow cover
Valuation multiple above 1.5x of invested capital
Investment through project-specific SPVs to mitigate risks
Predictable and Self-Liquidating Model
Exits primarily through project cash flow realization
Limited reliance on secondary sales or IPO routes
Focus on stability and predictability
Strategic Sectoral Investments
- 10+ Years Avg Experience
- 175+ Years Combined
Risk Management Framework:
Three-level due diligence process
Active project monitoring
ERP-based tracking systems
Periodic site visits
Control over sales proceeds and accounts
Oversight on technical and internal auditors
Strong Deal Flow & Industry Access
Strong relationships with Indian developers
Access to proprietary investment opportunities
Extensive infrastructure and distribution network
Complaint Handling and Grievance Redressal
Complaint Handling and Grievance Redressal details are in the document below