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Vestian launches operations in City

Last Updated 05 May 2010, 15:18 IST
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The company  offers a service platform for aligning diverse real estate needs of corporations with their business strategies.  Briefing reporters, Chairman Michael Silver, said “with the recovery setting in, many businesses are now seeking expansion and we have found that they plan to invest a huge amount in real estate, so the scope is tremendous.

Also, we see India as a tremendous contributor for economic growth and we anticipate investors from both UK and the US to purchase around 40 million square feet of space in the coming year.”

Vestian Global offers services in three categories which are one, strategic advisory, where the client is advised by consultants regarding various parameters like location, labour, and feasibility, two, transaction advisory where the clients are helped to acquire or dispose space or lease management, and lastly project services which provides the clients a platform that takes them from the design to move in stage.

The company will charge a percentage of the value of the transaction as fee. It is headquartered in Bangalore with an office in Chennai.

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(Published 05 May 2010, 15:16 IST)

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