AT THE DOUBLE

K Jayakumar, senior MD, RMZ Corp, is marching intrepidly with a supercharged growth strategy while working on multiple projects

- JAYASHREE KINI MENDES

There’s one thing to be said about RMZ Corp: Their prudence in calculating risk, acting decisively and the ability to execute bold projects has catapulted them to heights hitherto un-seen. While good strategic management is essential for long-term business success, it also needs strong leadership skills to engage with stakeholders and customers and lead the company on the road it wants to take. This is where K Jayakumar, Senior MD, RMZ Corp, comes in. With nearly four decades of experience in construction and project management and international alliances, he is just the man to pull off all the ambitions that the corporate wants to achieve.

Over the last three years, RMZ Corp has been in the news for several reasons. It drew attention when it divested an 18% stake of its existing portfolio of assets to Brookfield Asset Management for $2 billion. At a time when the real estate industry was mulling ways to attract investors, RMZ raised the bar and set a new record. With a near debt free status, the organisation was now on its path to chart out the course to imagine, create & transform for the future. Jayakumar says, “Our plan is to reshape cities with a vision, and we have a supercharged growth strategy. We are one of Asia’s largest privately-owned developers, owners, and investors of real estate. Over the next decade, we want to grow exponentially and by 2032 achieve 350 million square feet of real asset portfolio globally as part of this strategy. This will mean investing $15 billion by 2025, with an annual capital deployment of $4 billion across asset classes and geographies.”

Today, the company owns 67 million sq-ft of assets worth $10 billion that are operational and under development.