JLL launches ‘India desk’ in Dubai
Service to advise on real estate investments between India, GCC
Real estate advisory JLL has announced the launch of an ‘India desk’ in Dubai to facilitate cross-border investments between India and the GCC.
The company said the service will advise investors acquiring as well as managing their real estate investments and holdings in India, while also advising investors and developers from India on entering the UAE and wider GCC markets.
“India has had a long-standing partnership with the UAE, and it continues to play a huge role in the region’s economic success. As business interests resonate across borders, it is an opportune time for JLL to set up a platform to facilitate cross-border investments,” said Gaurav Shivpuri, head of Capital Markets JLL MENA.
Shobhit Agarwal, managing director for Capital Markets at JLL India adds, “We continue to see a significant interest from investors and developers from the GCC for India, and vice versa. By establishing this channel, we will ensure that our clients are able to unearth high potential investment opportunities in India and GCC Real estate as well as receive the same high quality of services that they are accustomed to across the globe. The market for cross-border investments has opened up considerably in recent times – and as always, we intend to be in the right place at the right time, offering the right services.”
Besides advising investors with real estate interests in both regions, the desk will also offer capital market services including private equity placements, investment sales, joint ventures, debt syndication, investment acquisitions and investment analysis and structuring.
It will also help process proposals from developers seeking to capitalise on opportunities in both places.
The desk will be led by Swati Shanker, Lead of the India Desk, Capital Markets JLL MENA, based in Dubai and Amit Pande, Head of Private Wealth, India & Middle East, JLL India Capital Markets, based in Mumbai.
