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Bengaluru-based RMZ Corporation has announced plans to focus on five key sectors and generate assets worth $25bn over the next five years. The real estate firm will concentrate on office, luxury residential, mixed-use, industrial and logistics, and hospitality segments. RMZ has also appointed CEOs for each sector. It plans to develop a portfolio of 10 million sq ft of commercial office space valued at $10bn, 15 million sq ft of mixed-use space valued at $8bn, and 62 million sq ft of industrial and logistics assets worth $3bn. The firm also plans to build over 10 hotels and five luxury condos. | Mumbai news ....
The firm has set up a new governance structure with two boards – the supervisory board led by brothers Raj Menda and Manoj Menda and the familys second generation, Sidharth and Mihir, and an executive board comprising non-family senior leaders from diverse industry backgrounds overseeing each of the firms businesses. ....
RMZ group to invest $7 billion in 5 yrs to develop realty projects worth $25 billion financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
RMZ Corporation announced the appointment of Arshdeep Sethi as president of RMZ Real Estate, Thirumal Govindraj as CEO of RMZ Office, Avnish Singh as CEO of RMZ Mixed Use, Saandip Kundu as CEO of RMZ Living and Avinash Sule as CEO of RMZ Industrial & Logistics and RMZ Hospitality. ....