Latest news with #PriyankShah
Khaleej Times
26-05-2025
- Business
- Khaleej Times
Buildcaps wins coveted real estate award in Dubai
Dubai-based Buildcaps Real Estate LLC has received the 'Most Trusted Real Estate Agency in the UAE' award at the Ultimate Realty Awards 2025. The event witnessed the presence of top industry leaders, Bollywood celebrity Arbaaz Khan, Indian MP Priyanka Chaturvedi, and distinguished UAE dignitaries. Known for its dynamic presence and client-first approach, the company has steadily become a trusted name in Dubai's competitive real estate sector. Priyank Shah, CEO of Buildcaps Real Estate, said: 'Winning the Most Trusted Real Estate Agency award is not just an honor—it's a celebration of the trust our clients, investors, and partners have in us. This recognition belongs to our incredible team and our loyal clients who have been the backbone of our journey. We are proud to be the agency people can count on—for honesty, passion, and precision.' The latest award joins a growing list of prestigious accolades for Buildcaps Real Estate, including: Icon of the UAE 2024; Beacon of UAE Real Estate Excellence 2024; and Real Estate Titan of the Year 2024. Operating across the UAE, India, UK, and Australia, Buildcaps Real Estate has built a reputation for its in-depth market knowledge, strong network, and trustworthy guidance. With a major operations hub in Ahmedabad, India, and a highly experienced Dubai-based team, Buildcaps continues to offer a global approach with local expertise. Shah added: 'Dubai is the epicenter of our growth strategy. With its futuristic infrastructure, investor-friendly laws, tax-free benefits, and real estate-linked visa policies, it remains the most attractive destination for global investors. We also plan to expand into UK and Australian markets, while continuing to innovate in how real estate advisory is delivered.'
Economic Times
18-05-2025
- Business
- Economic Times
Logicap, Mitsubishi Estate extend JV for industrial, logistics development in India
TIL Creatives Representational Logicap Management, a portfolio company of Singapore-based Rava Partners, has extended its strategic partnership with Japan's real estate major Mitsubishi Estate Co (MEC) through a follow-on investment for development of additional 3.5 million sq ft in India's industrial and logistics infrastructure. This latest transaction follows the initial joint venture formed between the entity that is part of the real assets platform of Hillhouse Investment and Mitsubishi in September to develop modern industrial and logistics facilities across key industrial hubs in India. The investment marks a significant expansion of the two companies' partnership and underscores growing international investor confidence in India's rapidly evolving logistics landscape.'This strengthened partnership with Mitsubishi Estate reflects the strong strategic alignment between our organisations and our shared long-term vision for India's infrastructure landscape. As global capital increasingly looks to India, our goal is to continue delivering high-quality, sustainable infrastructure at scale,' said Priyank Shah, head of fund management at new investment builds on Logicap and Mitsubishi Estate's existing portfolio of stabilised, fully leased assets in Delhi-NCR, developed through Pragati Warehousing, Logicap's development platform. It signals a broader commitment to developing grade A, institutional-quality assets across key markets such as Mumbai, Delhi, Pune, Chennai and Bengaluru. While Mitsubishi's earlier investment was for ready assets, this time the fund infusion is for under-development assets, indicating the confidence in India's long-term potential and the developer's execution latest investment includes a joint venture for around 3.5 million sq ft developments in the strategic locations of Chennai—Sriperumbudur and Mapeddu—suitable for manufacturing joint venture's initial portfolio included two large-scale facilities located in Gurgaon, Haryana, part of the NCR region. These projects are spread across a total site area of 29 hectares, with a combined effective area of over 1.9 million sq the new investment, the joint venture's portfolio will move up to nearly 5.5 million sq ft comprising ready assets acquired in September in NCR and the new development projects that are likely to be operational by next these assets are central to Logicap's plan to develop a 13.5 million sq ft pan-India portfolio, with a focus on high-growth corridors such as Mumbai, Pune, Chennai, Bengaluru and industrial and logistics sector is experiencing rapid growth, driven by the country's burgeoning economy, population growth and increased demand for efficient infrastructure. By 2025, India is expected to become the world's fourth-largest consumer market, intensifying the need for scalable, reliable logistics solutions. As key industrial hubs like Chennai and Pune continue to develop, driven by the government's 'Make in India' initiative, there has been a significant rise in demand for large-scale, high-quality logistics and industrial facilities. Both regions have become manufacturing powerhouses, attracting global corporations across industries, including automotive, electronics and consumer goods, contributing to the country's increasing need for modern infrastructure.
