Executive Talk: Donald Trump Jr. bullish on Russia and few emerging markets SEP 15, 2008
Despite a current government that projects a ramrod posture, to Trump the current leaders even make the scene more scary. Holding back his grin, he said, “It’s so transparent – everything’s so interconnected that it really does not matter what is supposed to happen as what it is they want to happen is ultimately what happens.” He has had multiple deals but he’s open with his partners despite what it is that keeps him up at night has to do with knowing that he has to face the “issues forever including money coming back...or not.
"And in terms of high-end product influx into the US, Russians make up a pretty disproportionate cross-section of a lot of our assets; say in Dubai, and certainly with our project in SoHo and anywhere in New York. We see a lot of money pouring in from Russia. There's indeed a lot of money coming for new-builds and resale reflecting a trend in the Russian economy and, of course, the weak dollar versus the ruble," he said.
Trump Jr. also oversees the Trump International Hotel and Tower SoHo project along with The Apprentice reality show winner Sean Yazbeck. The organization has launched last year the sale of penthouses in the Trump SoHo Hotel Condominium in New York in the UAE market. This property is the only luxury hotel condo in Manhattan’s fashionable SoHo neighborhood.
The Trump Organization and Nakheel Properties, the developer of more than $30 billion in real estate in Dubai, have signed a deal in October 2005 creating Trump’s International Hotel and Tower. Both companies have invested substantially in the pioneering $US600 million development spread across a portfolio of eight hotels and resorts including the 800-unit condo-hotel of the US mogul. Trump’s tower is the initial development in Nakheel and The Trump Organization's exclusive joint venture in the Middle East. Further, Trump Organization's agreement with Nakheel includes exclusive rights for 19 countries in the Middle East region and 17 major brands
http://www.eturbonews.com/5008/executive-talk-donald-trump-jr-bullish-russia-and-few-emerging-ma
Its a good thing the Trump organisation is so highly trusted with a Fantastic Degree of Integrity, no need to question any dealings in Russia or any world wide deals. Trump said this week "he doesn't know anyone in Russia" you can take that to the bank?