Morgan Stanley is a US-Headquartered global financial powerhouse with over 600 offices in 28 countries. Since 1991,
its Real Estate investment arm has acquired $73.1 billion worth of real estate assets worldwide and currently manages
$ 40 billion in real estate assets on behalf of its clients.
Morgan Stanley Real Estate's tie-up with Mantri Developers' was the first real estate investment in India since the
government opened up Foreign Direct Investment in 2005.
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Morgan Stanley has bought a minority stake in Mantri Developers, for $68 million (Rs.300 crores).
It envisions Mantri's outstanding management team and the company's recognized brand name in the market, as a strategic
opportunity to capitalize its investment. Further it believes that this is a significant step in positioning
Mantri properties on a global platform.
This investment coupled with Morgan Stanley's expertise will help Mantri to scale into new geographies.
Mantri Developers' is looking at Hyderabad, Chennai, Cochin and other places in South India for their next
commercial and residential ventures.
Further it will also give the company a global platform to develop other real estate assets. Mr. Sushil Mantri
believes that this kind of corporate alliance will take his company's already existing 'High world-class standards'
to newer heights.
This association has enhanced the trust of our stakeholders and partners. Simultaneously, our consumers can
look forward to some of the finest properties with optimum facilities, which rest assured, will be delivered on time.
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