Investing Trends

MUMBAI:
The US-based Mother Jones Lang Sieur de LaSalle (JLL), the world’s leading integrated
global existent estate services and money direction firm, is planning to strengthen
its place in India. The firm, which recently incorporate with Trammel Net Crow
Meghraj, a place adviser based in Mumbai, will convey in its investment
management concern to Republic Of India and have programs to put around $5 billion in the
country’s burgeoning property
market. “We don’t
have any presence in India’s investing direction service sector. Now, we
have lined up programs to convey in the concern to the country. We have got also
earmarked stopping point to $20 billion for the Asia-Pacific region, and Republic Of India would get
anywhere fold to 5% of the amount,” said, Mother Jones Lang Sieur de LaSalle president
and main executive director officer, Colin
Dyer. He said the monetary fund would be
deployed in the high growing sectors like existent estate, cordial reception and
infrastructure sectors for investment. For the first clip in its 220 old age of
history, JLL recently hosted in Republic Of India its planetary board of managers and global
executive committee. “We
are excited by the chances that prevarication ahead for our business, employees and
clients in India,” said Mister Dyer. He said the Indian existent estate marketplace is
burgeoning and becoming a important subscriber to India’s economic
growth. The state is on the microwave radar of many corps looking at investment or
expanding their concerns in Asia and the economical and concern mentality is
positive. In India, the merger
of Mother Mother Jones Lang Sieur de Sieur de LaSalle and Trammel Net Crow Meghraj in June 2007 to constitute Jones Lang
LaSalle Meghraj have helped the house to beef up its presence in the real
estate services industry in this flourishing economy, states an industry
official.