Trump Organisation partners IREO to develop office tower in Gurgaon
The US based real estate major Trump Organisation has announced a tie-up with realty firm IREO to develop an office tower in Gurgaon. This tower to be designed by the Norman Foster-led architectural design firm, Foster + Partners, this new tower will mark the third development in India for Trump. The new tower will be situated in a prime location, along the premier Golf Course Extension Road in Gurgaon, and when completed, will be the tallest of its kind in this rapidly expanding and vibrant Indian city. It will also be located within the upcoming IREO City area, which is an upscale, 500-acre world class, mixed-use development that IREO is developing along the Golf Course. “We have enjoyed tremendous success in India with our existing properties in Mumbai and Pune, and we are thrilled to add yet another incredible development to our portfolio. IREO is truly a fantastic group and we are looking forward to pushing the boundaries together to create what will soon be one of the most exciting and sought after commercial towers in India and beyond. This is the latest addition to the Trump Organization’s portfolio of world-class properties further showcasing the amazing strength and demand for the Trump Brand in India and around the globe,” said Donald Trump Jr., Executive Vice President of Development and Acquisitions. Lalit Goyal, VC & MD of IREO, said “We are delighted to partner with The Trump Organisation, one of the world’s strongest real estate brands, in bringing to the Gurgaon market the sort of world class office spaces that the Trump name is well known for. Gurgaon is already well established as a premier destination for large corporates operating in India However, despite more than 58 million. sq ft of total office space , Gurgaon still has a negligible supply of truly A-grade, international quality office spaces. Our partnership with a strong global brand like Trump, is designed to fill this void. A signal of our commitment to develop a truly iconic tower is the fact that we have retained Foster+Partners, which is among the most respected architectural firms worldwide, with many remarkable projects including the recent Apple HQ to their credit.”
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