Monday, 18 April 2016

The Trump Organization Announces Tie Up With IREO

By 121 News

Chandigarh 18th April:- The Trump Organization announced today that they have tied up with India's first and largest real estate private equity firm, IREO, to bring to market an iconic office tower in the heart of one of India's fastest growing cities, Gurgaon. To be designed by the award winning Norman Foster-led architectural design firm, Foster + Partners, this new tower will mark the third development in India for Trump, the most globally recognized brand in real estate.

Donald Trump Jr., Executive Vice President of Development and Acquisitions said that we have enjoyed tremendous success in India with our existing properties in Mumbai and Pune, and we are thrilled to add yet another incredible development to our portfolio. IREO is truly a fantastic group and we are looking forward to pushing the boundaries together to create what will soon be one of the most exciting and sought after commercial towers in India and beyond. He said that this is the latest addition to the Trump Organization's portfolio of world-class properties further showcasing the amazing strength and demand for the Trump Brand in India and around the globe.

Speaking on the tie up, Lalit Goyal, VC & MD of IREO, said that we are delighted to partner with The Trump Organization, one of the world's strongest real estate brands, in bringing to the Gurgaon market the sort of world class office spaces that the Trump name is well known for. Gurgaon is already well established as a premier destination for large corporates operating in India However, despite more than 58 million. sq ft of total office space , Gurgaon still has a negligible supply of truly A-grade,  international quality office spaces. He further said that our partnership with a strong global brand like Trump is designed to fill this void. A signal of our commitment to develop a truly iconic tower is the fact that we have retained Foster+Partners, which is among the most respected architectural firms worldwide, with many remarkable projects including the recent Apple HQ to their credit.

 

 

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