Charles Group and Patel Family Office finalize $1 billion real estate partnership deal
In a groundbreaking move, Indian conglomerate Charles Group and the US-based Patel Family Office have joined forces in a strategic $1 billion partnership. The announcement was made at the Global Wealth Conference 2025, held at London's historic Mansion House, hosted by the Sovereign Wealth Fund Institute (SWFI).
The partnership aims to integrate traditional real estate with emerging infrastructure opportunities and will focus on assets across the UK, Gulf Cooperation Council countries (GCC), India, and potentially other regions. This collaboration signifies a significant step in the real estate and infrastructure sectors, marking a substantial investment in these areas across multiple regions.
Dipika Patel, Chairwoman of the Patel Family Office, commented, "This partnership exemplifies how family capital can drive innovation that's both inclusive and institutional grade." Jose Charles Martin, Chairman of the Charles Group, added that the collaboration opens a new frontier for Indian-origin institutions to lead in the digital revolution.
The agreement includes a pipeline of real estate and hospitality projects in India and other emerging markets, with plans to scale globally and explore strategic business investment opportunities in this space. The framework outlines the development of compliant, cross-border investment opportunities, and regulatory coordination is part of the agreement, focusing on the UK, GCC, and SAARC jurisdictions.
Tailored access channels for sovereign wealth funds (SWFs), family offices, and qualified institutional buyers are being established. Lord Dominic Johnson of Lainston CBE stated that "The future of capital is being written here." Rt. Sir Brandon Lewis CBE, Former UK Cabinet Minister and Board Member, VEON, commented that the deal marks a milestone and is a bold step in the right direction towards London being the home of trusted digital innovation.
For the Patel Family Office, the partnership affirms their growing role in shaping infrastructure and real estate investment frameworks. The agreement is significant for Charles Group, marking a transition from an industrial powerhouse to a capital allocator. The MoU was formally exchanged in the Egyptian Hall, witnessed by over 40 global asset allocators, including over 20 sovereign wealth funds (SWFs) representing $5 trillion in capital.
This strategic partnership between Charles Group and the Patel Family Office is noteworthy for its potential to reshape the landscape of real estate and infrastructure investment, offering a unique blend of traditional and emerging opportunities. The partnership exemplifies the growing trend of international collaboration in these sectors and underscores the role of family capital and digital innovation in driving growth and economic development.
- The strategic partnership between the Charles Group and the Patel Family Office, worth $1 billion, will focus on integrating traditional real estate with emerging infrastructure opportunities and will invest in assets across the UK, GCC, India, and other regions.
- The partnership aims to develop compliant, cross-border investment opportunities and includes a pipeline of real estate and hospitality projects in India and emerging markets, with plans to scale globally and explore strategic business investment opportunities.
- Jose Charles Martin, Chairman of the Charles Group, mentioned that the collaboration opens a new frontier for Indian-origin institutions to lead in the digital revolution.
- Dipika Patel, Chairwoman of the Patel Family Office, stated that this partnership showcases how family capital can drive innovation that's both inclusive and institutional grade in the real estate and infrastructure sectors.
