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London, Paris, New York! RMZ Corp eyes key gateway cities as it plans to go global

The company has its sights on an annual capital deployment of $4 billion, and out of this, a major portion of 15 percent will be used for global expansion, RMZ chief Manoj Menda reportedly said.

Hybrid work model, which involves a mixture of work-from-home and work in offices, has gained momentum in the developed world (Representational image)

Hybrid work model, which involves a mixture of work-from-home and work in offices, has gained momentum in the developed world (Representational image)

Real estate major RMZ Corp is targeting an entry into the US and European markets, with the company's Chairman Manoj Menda saying in an interview on December 8 that their focus will be on developing offices in global hubs including London, Paris and New York.

According to Menda, the COVID-19 pandemic has changed the work culture through prolonged use of work-from-home, but at the same time it has thrown challenges for workspace solutions due to the adoption of hybrid work models.

The hybrid model, which involves a mixture of work-from-home as well work in offices, has gained momentum in major parts of the developed world. Considering this, RMZ is planning to make forays in the global market.

“Our customers need workspace solutions worldwide, which pushed us to look for geographies outside India,” Bloomberg quoted Menda as saying. “Our focus will primarily be the key gateway cities like London, Paris and New York for scaling up," he added.