Press Esc to close
Saturday 24 June 2017
News updated at 3:18 AM IST

Vestian Global to enter India

Last updated: 22 April, 2010
Chethan Kumar Bangalore, April 22, DHNS 21:13 IST

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
NDA's presidential nominee Ram Nath Kovind flanked by Prime Minister Narendra Modi, BJP chief...

NDA's presidential nominee Ram Nath Kovind flanked by Prime Minister Narendra Modi, BJP chief...

A police officer offers supports to the son of slain DSP Mohammed Ayub Pandit to pay respects to...

A police officer offers supports to the son of slain DSP Mohammed Ayub Pandit to pay respects to...

Members of Majlis-e-Ulama-e-Hind (Delhi state) burn an effigy during a protest against Israel at...

Members of Majlis-e-Ulama-e-Hind (Delhi state) burn an effigy during a protest against Israel at...

Indian Space Research Organisation (ISRO)'s PSLV C38, carrying earth observation satellite...

Indian Space Research Organisation (ISRO)'s PSLV C38, carrying earth observation satellite...

Muslims take cover with a cloth to protect themselves from scorching heat as they offer last...

Muslims take cover with a cloth to protect themselves from scorching heat as they offer last...

BSF personnel take part in a cycle rally at India Gate to aware people against drugs in New Dehi...

BSF personnel take part in a cycle rally at India Gate to aware people against drugs in New Dehi...

Angry students burn railway properties during a violent protest against Central government over...

Angry students burn railway properties during a violent protest against Central government over...

Former Union minister Nagmani showing a bullet which was fired from an unidentified assailant...

Former Union minister Nagmani showing a bullet which was fired from an unidentified assailant...

Children are seen near the entrance gate of Maroda Village which was renamed as 'Trump Village'...

Children are seen near the entrance gate of Maroda Village which was renamed as 'Trump Village'...

Children play football in mud after rainfall in Kolkata on Friday. PTI

Children play football in mud after rainfall in Kolkata on Friday. PTI

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.