RMZ Corporation announced its global expansion plans, looking to close real estate deals in the US, EU, and UK over the next 12 to 15 months. The company aims to reach $100 billion in assets by 2032.
CapitaLand to Exit Indian Real Estate Market, Plus UK and Australia
Blue Mountain Real Estate Advisors bids nearly £750m for 42 Marriott hotels in Britain. The deal involves RBS, the primary debt holder, granting exclusivity to the Indian firm.
Wealthy Indians are increasingly interested in land as an investment option amid volatile markets. A significant 48% of high net worth individuals (HNIs) plan to increase realty investments over the next 12 months, according to a Barclays report.
British developer Berkley Group targets Indian investors with London properties priced Rs 2-8 crore. JLLM predicts £15 billion investment by Indians in UK real estate by 2018.
Indian residential investment in the UK is projected to reach £15 billion over the next ten years, driven by India's economic growth and rising number of high-net-worth individuals.