Press Esc to close
Thursday 02 October 2014
News updated at 7:58 PM IST
Weather
Max: 29.9°C
Min : 20.7°C
In Bangalore
Sunny day

Vestian Global to enter India

Last updated: 22 April, 2010
Chethan Kumar Bangalore, April 22, DHNS

Vestian Global Workplace Services Private Limited, US-based firm that started as a $1 billion investment fund for various asset classes and diversified into real estate services, is readying itself to launch in India.

The firm aims to provide clients integrated real estate services right through the process of property purchase or renting, that is, from the time of identifying property till the final deal.
Besides, the fund, which works as separate entity within the firm will also make investments in various asset classes like realty, bonds & treasury et al. The company has already applied to appropriate authorities for approval to invest money in India from its fund.

Speaking to Deccan Herald CEO (Asia Pacific) Shrinivas Rao said “there is a huge potential in the Indian real estate market and our study shows that the next demand wave for realty will be from American and European Tier II and III companies outsourcing or setting up captive centres here.”

“The focus of Vestian proposition is on end-users of real estate. Vestian has created a service delivery platform spanning strategic consulting, transaction advisory and project management solely as representatives of occupiers, thereby offering unbiased advise and services which are aligned to the customer’s best interests,” he further said.


Focus on south

On India plans, he said the company, after thorough study of the market, has decided to focus on the South India first as the realty sector here has fared better than the northern market. Vestian will invest up to $10 million to $15 million in India.

The company, which has opened two offices in Bangalore and Chennai will launch its India operations next month. Furthermore, it plans to bring out real estate market studies and reports in the country and other markets. The firm has set a similar timeline to launch its services in the Middle East & Chinese markets as well.

Go to Top

Photo Gallery
Members of India's women's 4 x 400 meters relay team celebrate after winning the gold medal ...

Members of India's women's 4 x 400 meters relay team celebrate after winning the gold medal ...

Siddaramaiah and others  looking the Gandhi sculpture at 'Gandhi Jayaanthi'...

Siddaramaiah and others looking the Gandhi sculpture at 'Gandhi Jayaanthi'...

Narendra Modi and former PM Manmohan Singh after paying homage to Mahatma Gandhi in Rajghat ...

Narendra Modi and former PM Manmohan Singh after paying homage to Mahatma Gandhi in Rajghat ...

Software professionals clean the walls and footpath in Bengaluru ...

Software professionals clean the walls and footpath in Bengaluru ...

Army Jawans sweep an area along roadside as they participate in 'Swachh Bharat Abhiyan’  ...

Army Jawans sweep an area along roadside as they participate in 'Swachh Bharat Abhiyan’ ...

Shivsena chief Udhav Thackeray during an election campaign rally for assembly elections ...

Shivsena chief Udhav Thackeray during an election campaign rally for assembly elections ...

Bollywood actor and BJP MP Shatrughan Sinha wields a broom with party MLAs ...

Bollywood actor and BJP MP Shatrughan Sinha wields a broom with party MLAs ...

Sourav Ganguly attends Durga puja during 'Maha Aastami' at Kolkata ...

Sourav Ganguly attends Durga puja during 'Maha Aastami' at Kolkata ...

Gold medal winning Indian team poses for a photograph after medal ceremony of men's hockey ...

Gold medal winning Indian team poses for a photograph after medal ceremony of men's hockey ...

Indian team celebrates after winning men's hockey gold match against Pakistan ...

Indian team celebrates after winning men's hockey gold match against Pakistan ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523