Trump considers $1bn India real estate fund
Donald Trump Jr is planning to establish a real estate fund of as much as $1bn (€633m) to invest in the Indian property market, according to a report in The Times of India.
New York-based Trump Organisation is also looking to set up a residential and hotel project in Mumbai, in partnership with a local partner, to tap the growing wealth of middle and higher income Indians.
"Our entry has to be in Mumbai and that's where everything is going on right now in terms of the high-end real estate," Trump was quoted as saying in The Times of India report.
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- Click to go to The Times of India - Web link
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