Bengaluru, May 27 -- Prime Offices Fund (PRIME), managed by Nuvama and Cushman & Wakefield (NCW), has made its first acquisition by buying Prius Platinum, a prime Grade A office property in Delhi's Saket District Centre, for about Rs.750 crore.

NCW is an equal joint venture between Nuvama Asset Management Ltd and Cushman & Wakefield Management Pvt Ltd.

The property, which is 95% leased to multiple tenants, was purchased from a fund managed by a Kotak Alternate Asset Managers Ltd-led consortium, said a person familiar with the matter.

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The 0.3 million sq. ft building was earlier acquired by the Kotak-led group through the Insolvency and Bankruptcy Code (IBC) process...