RBS Financial Services, a part of the Royal Bank of Scotland group, on Wednesday, announced the launch of Real Estate Services (RES) in India. This new initiative follows the launch of Wealth Planning, which was introduced last year.

A statement issued by the company here said RES was a referral-based service which would offer a comprehensive range of real estate solutions to high net worth (HNW) clients in India. With the new service, in-house real estate specialists will work closely with clients to establish their goals and understand their risk appetites. They will then work with the client to guide them to a bespoke panel of real estate service providers, each of whom would be selected, after diligent analysis, on the basis of their skill, market expertise, integrity and professionalism.

Anand Moorthy, head of RES for RBS Financial Services, said intelligent investors were today looking beyond the simple purchase of premium homes. “They see potential in pre-leased commercial and retail property, as well as small office spaces, structured deals and land or plotted developments. There is a fundamental need for quality real estate solutions for domestic, non-resident, individual and institutional clients,’’ he added.

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