By Ranjana Konatt | Editor
Following the recent move to acquire 10,000 premiere properties in Dubai, IBC has re-affirmed its vision focused on private equity investment – real-estate, art and technology. In an attempt to further elaborate on the various strategies IBC has incorporated to continue the vision, H.E. Khurram Shroff, Owner, Okapi World Art Gallery and the Chairman, IBC group, UAE, said: “We look to co-operate all the way down to the property owner and instil confidence in the real-estate sector.” Elaborating, he said: “We plan to work with all the real estate brokers co-ordinated by our exclusive mandate holders – Berkshire Hathway Homes Services Gulf Properties.”
Especially with the forthcoming Expo2020, Khurram said that Dubai is at the forefront of tourism and technology and we see this trend continuing at a fast rate even after the Expo. “We believe it’s a good time to invest smartly and not blindly,” he added. We are investing in properties after giving due attention to our ability to reposition and uplift the marketing of the property, he added. Speaking on the market and upcoming opportunities to make investments, Khurram said: “We have partnered with OYO, and as India’s largest hospitality, and they are doing a fabulous job.”
Ranjana Konatt is the Editor – Industrial India, she may be contacted at ranjana@charypublications.in