Hangji Global Limited signed a memorandum of understanding (MoU) with Xanadu Reality Private Limited (Xanadu), India to jointly take on niche real estate projects in India and in select countries in other parts of the world. As core competencies of both companies complements each other it is expected that this combination will leverage joint capabilities to effectively offer greater value, in terms of quality as well as returns, to Clients. HGL teaming with Xanadu is expected to provide a boost to HGL’s proprietary investment plans as well as contribution to its financial performance given that HGL has a few interesting real estate development projects in its pipeline in India, Cyprus and the UAE.