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Is the Trump Organization a little late for India's real estate party?
Posted on August 19, 2008
Donald Trump Jr., The Donald's 30-year-old son and the Trump Organization USA's executive vice president of development and acquisitions, recently announced that he's launching a $1 billion Indian hedge fund that will focus on luxury real estate investment.He got the idea last November after speaking at a real estate conference in Mumbai. At the time, India's real estate market was in the fifth-year of a boom and international funds were investing heavily in apartment buildings, hotels, and shopping centers across the country. The market has changed quite a bit since then. Inflation and inter...
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