Hong Kong’s AEA to invest in Indian Real Estate

November 29, 2006	(Be the first to rate this story!)  Loading ...
Print This Story   Email This Story Subscribe Newsletter

Hong Kong based AEA Holdings announced that it plans to invest more than $2 billion over the coming years in Indian realty projects.

India’s realty sector is undoubtedly on a high growth path and emerging as global investors’ choice. In this climate, AEA Holdings can serve as a catalyst to bring about a change within the industry, say Bill Owens, Chief executive and chairman of AEA Holdings Asia.

AEA Holdings Asia, a private equity fund formed after the merger of New York-based AEA Investors and Hong Kong’s Aetos Capital. The firm deals with investments in commercial real estate and hedge funds.

According to the data showcased by recent property surveys, India holds ninth position among retail markets in the world with organized retailing growing at the rate of 30 percent per annum.

AEA Holdings is searching for the efficient partners to expand its business horizons and wants to grab the deals and opportunities aggressively and quickly, says industry source.

The company enjoys the reverend status in the Chinese market where it has made a mark with the investments to the tune of $400 million and planning to invest additional $100 million by the end of this year.

News Published Under:   Real Estate India, Foreign Direct Investment in India |