RMZ

At RMZ, Diwali fun and celebrations have already begun. If there’s one thing we love doing as part of team-building and camaraderie at RMZ, it is following our annual festive tradition of dressing up, getting together for lunch, and spreading festive joy with everyone around us. Here’s how the RMZ team welcomed Diwali 2024 today—a laughter-filled Diwali lunch at our offices, after wrapping up long hours at work. Wishing all of you a very joyous, prosperous, and laughter-filled festive season! Here’s to praying that your homes be filled with new memories and moments! ✨ #HappyDiwali #RMZ #FestiveSeason

#Announcement: We’re thrilled to share that RMZ has won 2nd place as Developer of the Year, 2024, at the GRI Club India Awards. This acknowledgment is a testament to RMZ’s steadfast commitment to innovation and sustainability and is a result of decades of unwavering dedication. We are extremely grateful for this award and extend our gratitude to everyone from team RMZ involved in this brilliant milestone. #RMZ #GRIAwards2024 #Innovation

Julian Francis, MRICS, FMP, Senior Vice President, Asset Management, RMZ, recently spoke at the CII Chennai Infra Next 2024 event, organised by the Confederation of Indian Industry (CII) at Hotel ITC Grand Chola, Chennai. The summit focused on developing sustainable infrastructure that aligns with the City’s Future Growth and aimed to position Chennai as a global hub across sectors. In the panel focusing on “Chennai - Now and Next Ways to Improve Chennai's Liveability Index," Julian articulated: > How Chennai can improve its position in the global liveability index in the coming years and secure a spot in the top 100: Being one of the most balanced cities in India, with ample exposure to arts & culture, growth of IT & manufacturing, education, healthcare, combined with safe living and stable government. > Chennai's branding and the significant revamp required, in line with global cities to optimise the positives that the city offers to all its residents/ visitors. > Chennai’s great opportunity to elevate and improve the infrastructure of all the operational industrial parks. > Tamil Nadu government’s thriving opportunity to promote its FINTECH City project at Nandambakkam and brand Guindy & Mount Ponnamalle Road as FINTECH Expressway in similar lines to the IT Expressway - OMR. > The importance of the private sector in the growth of the city. #RealEstate #Finance #Investment

📰 #Featured in The Economic Times today: Thirumal Govindraj, CEO of RMZ Office and RMZ NXT, on the average rents of top Indian office markets surpassing the pre-pandemic levels for the first time. “The increased demand from tenants for core micro markets, primarily situated in CBD and SBD areas of major cities, has led to higher rental growth. This growth reflects tenants' preference for grade-A developments in areas with excellent connectivity and close proximity to residential catchment areas. Vacancy will come down in grade A assets as demand is increasing with consistent rental increase across micro markets,” he shared. Key highlights from the article: - Data provided by Colliers showed that India’s office real estate market could see record rental growth by the end of 2024, with the country’s top 6 cities recording rental increases of up to nearly 10% - The rise in the average rentals has mostly been driven by the large floor space uptake by companies setting up global captive centers - The pace of rental recovery is said to have varied across cities—Delhi-NCR (8.3%), Pune (7.7%), Hyderabad (4.5%) and Chennail (5.1%), in the first 9 months of 2024. For a detailed read, please read the full feature here: https://lnkd.in/e8sjWVha 🏷️: Sobia Khan #RMZ #Leadership #RealEstate

How can the real assets industry benefit from the APREA Decarbonisation Playbook? Our members answer this question about APREA's must-have resource for the real assets industry in Asia Pacific. Packed with actionable strategies on energy efficiency, renewable energy, and sustainable construction, it offers a roadmap for impactful decarbonisation. With insights on financing, governance, and policy, plus real-world case studies, it’s a vital tool for shaping a greener, more resilient future. Download the publication now (exclusive for members only): https://lnkd.in/dFRCndhU Thanks to our ESG Partners for support this initiative: CBRE, Champion REIT, City Developments Limited, Forest Logistics Properties, GLP, Hongkong Land Limited, LINK REIT, Longevity Partners, Nucleus Office Parks, a Blackstone company, RMZ. #APREA #ESG #Sustainability #RealAssets #AsiaPacific #ThoughtLeadership David Fogarty | Christina Hau | Meredith Balenske | Mark Lam | Etienne Cadestin | Jiji Thomas MRICS | Arshdeep Sethi- MRICS

Anish Rai, CFA, Director, Investment Management, RMZ Real Estate, attended the recent APREA Flagship Leaders’ Congress event, in Tokyo, Japan, from 15-16th October 2024. Anish Rai was joined by fellow panelists, James Ong, MBA, CPA, Chief Strategy Officer, TPC (Tsao Pao Chee), Russell Wee, Acquisitions Director, Jean Yip Developments, Neel R., Group President, K Raheja Corp and Amit Diwan, Country Head, Hines India. The APREA (The Asia Pacific Real Assets Leaders’ Congress) conference brings together industry leaders and experts to discuss investment opportunities and megatrends across asset classes. This year’s conference theme was ‘A New Global Order for Real Assets’ where Anish Rai spoke in the panel session on ‘Real Estate Reimagined: What’s Next’. #RealEstate #Finance #Investment

📰 #Featured in Hindustan Times, Business Standard, Business Insider, and The Economic Times: Raj Menda, Chairman, Supervisory Board, RMZ, on alternative financing models, fostering public-private partnerships, and investment strategies for real estate projects. Raj Menda spoke at the opening panel of the 2nd Edition of the FICCI Real Estate Investment Summit on the 18th of October, 2024. The event focused on "Unleashing Potential: Innovating Investments for Future Real Estate." This summit coincided with the release of the "Homebuyer Sentiment Survey - H1 2024," conducted by FICCI and ANAROCK Property Consultants, which provided valuable insights into homebuyer preferences and market dynamics in India’s real estate sector. Key findings shared: → Real Estate as preferred investment—59% of respondents still prefer real estate as the top investment choice. → 67% of buyers are purchasing homes for personal use, with 33% investing. → Demand for ready-to-move homes has dropped significantly compared to new launches. → 51% of buyers now prefer 3BHK units, indicating a shift towards larger homes. → 28% of buyers are opting for homes priced between ₹90 lakh and ₹1.5 crore. And more. For a detailed read, check out the links: Hindustan Times: https://lnkd.in/grySpaKC Business Standard: https://lnkd.in/gz8RxaSR Business Insider: https://lnkd.in/gxXKqYP8 The Economic Times: https://lnkd.in/gUars-R4 #RealEstate #Finance #Investment

Raj Menda, Chairman of the Supervisory Board, RMZ, was on the panel at the India GRI Club 2024 event, on the 16th of October, 2024 at The St. Regis Mumbai. The session was moderated by Anuj Puri, Chairman and Founder, ANAROCK Property Consultants Private Limited, and included panellists AMIT BHAGAT, Shridhar Narayan, and Somy Thomas. The panel discussed “Foreign Investors Consistent Eye on Indian Real Estate, Witnessing a 3-year high?” with a focus on the Indian Real Estate landscape in current times and RMZ’s positioning and response to changing global investment patterns. In Raj Menda’s words, “In the wake of global economic fluctuations, emerging markets like India are increasingly under the spotlight.” Some of the points discussed in the panel include: → India’s forex reserves have reached a record high of $667 billion, reflecting strong foreign capital inflows and financial stability. → India attracted USD 0.6 billion in foreign inflows— doubled, compared to the investments witnessed in Q3 2023. → Over the past two decades, RMZ has attracted the highest foreign direct investment in Indian real estate, a testament to the trust we have built with institutional investors, including pension funds and private equity firms. The discussion provided valuable insights into India’s expanding real estate market. #RMZ #Growth #IndianRealEstate

Raj Menda, Chairman of the Supervisory Board, RMZ, will be on the panel at the India GRI Club 2024 event, on the 16th of October, 2024 at The St. Regis Mumbai. He will be sharing insights on the topic “Foreign Investors Consistent Eye on Indian Real Estate, Witnessing a 3 year high?” along with his fellow panel members Anuj Puri, Chairman, ANAROCK Capital, AMIT BHAGAT, CEO & Managing Director, ASK Property Fund, Shridhar Narayan, CEO, Real Estate & Infrastructure Business, Hiranandani Group and Somy Thomas, Managing Director, Valuations & Co-Head Capital Markets, Cushman & Wakefield. #RMZ #RealEstate #Growth #Investment

Happy Dussehra from RMZ! May this auspicious occasion bring prosperity, growth, and new beginnings to you. As we scale new heights, we’re grateful for the continued support and partnerships that have brought us here. Here’s to a year filled with success. #RMZ #Growth #NewBeginnings