Property Share

Positioned as the pioneer of fractional ownership of commercial real estate in India.

Lets individual investors directly co-own high-quality commercial real estate in micro-markets of their choosing, at a smaller ticket size than buying a whole asset.

Targets individual investors who previously had no equivalent way to invest in rent-yielding commercial real estate.

Platform user base spans many countries, not just India.

Property Share relates to investors as a SEBI-regulated advisor rather than an unregulated matchmaker, operating under SEBI's Investment Advisory (IA) and Portfolio Management Services (PMS) licenses, which predate dedicated fractional-ownership rules.

Investors don't hold a property alone -- the platform structures each asset so a group of like-minded investors becomes joint owners together, rather than each investor transacting with the platform in isolation.

Grew its investor base by targeting larger commercial properties and reaching investors through digital marketing.

Takes end-to-end responsibility for finding deals, vetting them, and managing the asset on behalf of investors, then handles the eventual sale.

Structures fractional co-ownership of a property among multiple investors, manages it, and sells it after a multi-year hold period.

Property Share's platform and most of its technology stack were built in-house by co-founder Hashim Khan and his team, letting the company operate with a small headcount relative to its scale.

Before dedicated fractional-ownership regulation existed, Property Share regulated itself using SEBI's existing Investment Advisory and Portfolio Management Services licenses.

On August 5, 2024, Property Share became the first fractional-ownership platform to receive SEBI's new Small and Medium REIT (SM REIT) license, held under the entity Property Share Investment Trust (PSIT).

Property Share obtained approval from the UK's Financial Conduct Authority to open its platform to UK-based investors, extending its regulatory footprint beyond India.

Co-founder Kunal Moktan previously worked on multi-million-dollar real estate investments at Blackstone, the world's largest alternative investment manager, while co-founder Hashim Khan was head of technology at Middle East conglomerate Alshaya before the two built Property Share's platform.

Property Share has sold a portfolio asset to global private equity fund ICG (Intermediate Capital Group) as part of its exit process, delivering roughly a 31.5% IRR to investors on that deal -- the kind of institutional buyer relationship its co-ownership model depends on for liquidity events.