Taurus Investment Holdings, a US-based global private equity real estate firm, is planning to develop retail-led, mixed-use properties in India, according to a top executive. The news was revealed recently by CEO Peter Merrigan, who has led commercial real estate acquisitions across the nation for the firm. The company is looking to expand its presence in the Indian market with the planned developments.
The firm is also looking to invest in green energy services and is planning to participate in the City Center project in Boston. To this end, EcoSmart Solutions, an affiliate of Taurus Investment Holdings, has partnered with global real estate Investment firm Taurus Investment Holdings (TIH) and a green energy services provider. In addition, Taurus Investment Holdings and Aegon Asset Management have closed the second and third multifamily Investment through their recently established ESG-centric program.
In order to make its mark in India, Taurus Investment Holdings has already acquired a number of projects in the country. The firm has invest in residential properties, including a living area at 3681 Flamingo Drive, Miami Beach. The property was acquired by the firm with a price tag of $11.75 million and was led by Merrigan. The firm has also invest in office buildings, including the acquisition of a Grade A building in Gurgaon.
Taurus Investment Holdings is also looking at developing hospitality projects in India. The company has partnered with the Hilton Garden Inn to develop a 118-room hotel in the City Center project in Boston. The project is expected to be completed by 2022, and will be managed by Hilton. In addition, the firm is looking to expand its presence in the Indian market by developing other hospitality projects.
The firm is also looking to invest in green energy services. To this end, EcoSmart Solutions, an affiliate of Taurus Investment Holdings, has partnered with global real estate Investment firm Taurus Investment Holdings (TIH) and a green energy services provider. The partnership has enabled the firm to develop green energy solutions for buildings in India.
In recognition of his work in the real estate sector, Merrigan was recently named the 2022 Person of the Year by Boston real estate Times. He was selected for his leadership in developing projects in Boston and his commitment to the environment.
Taurus Investment Holdings is continuing to expand its presence in the Indian market, with a focus on developing retail-led, mixed-use properties. The firm has already invest in a number of projects in the country and is looking to invest in green energy services. Merrigan has been recognized for his leadership and commitment to the environment, and the firm is looking to make its mark in the Indian market.
