Monday, 23rd November 2009

 

23 July 2008 - Press Briefing

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.

Read the original

Most Read

  1. Colonel Gaddafi's son buys £10m London property
  2. Lombard Odier hires from Coutts
  3. More US wealthy opt to surrender their citizenship
  4. Stanhope Capital grows staff by 50%
  5. Comment: Prince William seals the ascent of hedge funds

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

More from Portfolio

  1. Gold demand drops 34% as economy brightens
  2. London & Stamford profits up but still 'cautious'
  3. Investec posts 29% surge in client assets amid profit decline
  4. Merrill wealth strategist foresees ‘challenging’ commodity markets
  5. Junk bonds set for record 2010

Related Content

  1. $95 Million Trump House Could Be Sold–Again
  2. Donald Trump sues Californian village for $100m

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347