Mumbai: British lender Royal Bank of Scotland has launched a
real estate services
vertical aimed at high networth clients.
"The Real Estate Services is a referral based offering which
will offer a comprehensive range of real estate solutions to high networth
clients," it said in a statement.
The bank staff will work with clients, understand their
goals and risk appetites, and then help them select a real estate service
provider.
Product head Anand Moorthy said investors are looking beyond
purchase of premium homes and are also attracted to pre-leased commercial and
retail property which creates the need for real estate solutions.
Shiv Gupta, managing director, RBS Private Banking and director
of RBS Financial Services said real estate occupies for 20-30 of the investment
portfolio for a high networth client.
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