November 23, 2014 4:07 PM ET

Real Estate Management and Development

Company Overview of IREO Management Pvt. Ltd.

Company Overview

IREO Management Pvt. Ltd. engages in the development and financing of real estate projects in India. Its portfolio of projects comprises residential, mixed use offices, retail, hospitality, industrial parks, schools, hospitals, malls, service apartments, and office complexes; and social infrastructure facilities, such as art centers and galleries, theatres, sport facilities, and water features. The company was founded in 2004 and is based in Gurgaon, India.

Orchid Center

5th Floor

Golf Course Road

Sec 53

Gurgaon,  122022

India

Founded in 2004

Phone:

91 12 4475 4000

Fax:

91 12 4457 4074

Key Executives for IREO Management Pvt. Ltd.

Vice Chairman and Managing Director
President
Founding Partner
Founding Partner
Age: 52
Compensation as of Fiscal Year 2014.

IREO Management Pvt. Ltd. Key Developments

Ascendas, Ireo, JGC Corporation and Mizuho Bank Unveil New Industrial Township in India

Ascendas unveiled its 1,450-acre integrated industrial township in India. A joint venture development between Ascendas, Ireo, JGC Corporation and Mizuho Bank, OneHub Chennai is located 50km south of Chennai city centre in Tamil Nadu state in India. OneHub Chennai will integrate industrial, business, commercial and residential facilities with lifestyle amenities and eco-friendly infrastructure to facilitate the growth of Japanese and international businesses in India. The township will support a community of more than 140,000 people when fully completed.

IREO Signs Managing Agreement with Hyatt Hotels for Managing the Projects

IREO Management Pvt. Ltd. has tied up with the Hyatt Hotels Corporation for managing the projects. IREO announced that it has entered into management agreements with Hyatt Hotels Corporation for “Grand Hyatt” branded luxury residences and a Grand Hyatt Hotel at the upscale IREO City complex on Golf Course Extension Road in Gurgaon. IREO City, itself, is an ambitious, world class mixed-use development project spread over approximately 800-acres – a resort city within a city-- that includes schools, hospitals, parks, offices, shopping malls, art centres, and theatres. A first of its kind, this project will be designed by the renowned London based architectural firm Foster+ Partners, led by the visionary Lord Norman Foster and celebrity interior designer, Tony Chi of the New York based Tony Chi & Associates. Collectively these two firms have designed many landmark projects throughout the world, including Foster’s, The Swiss Re Headquarters, London, the Beijing Airport, and Tony Chi & Associates’ opulent Park Hyatt Shanghai and the stylish Andaz, 5th Avenue in New York City. Spread over a sprawling 29 acres, the project will be in close connectivity with Cyber City, Gurgaon’s Central Business District; the golf course and the International Airport. The residences will offer approximately 265 luxury residences in configurations of four bedroom units, duplex, connected/floating units and penthouses (ranging from 4,600 sq ft to 10,000 sq.ft). The residences have been strategically designed to overlook an approximately 50 acre golf park being developed within IREO City and will be accessed by two private lifts along with a private foyer.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 26, 2014
12-Acre Land Parcel in Gurgaon
 

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