New Delhi, Delhi, India
Cresa, the world’s largest commercial real estate firm specializing in tenant/occupier representation, announced today that it has expanded its service delivery platform in Asia with the addition of Indus Global in India. Indus Global is India’s leading Tenant focused Corporate Real Estate Company and this expansion in India solidifies Cresa’s position as the largest firm in the world that exclusively provides service to occupiers of office and industrial real estate.
IndusCresa in India will now be led by three industry veterans – S.C. Jaisimha, Madhur Malhotra, and Arjuun Kuumar. S.C. Jaisimha is the former head of API Global in India, and has more than 20 years of experience, having held key positions at Insignia Brooke and Can Fin Homes. He will be based in the Bangalore office. Madhur Malhotra brings more than 18 years of experience and was previously the head of Johnson Controls GWS real estate business in West Asia. He will be based out of the Delhi office. Arjuun Kuumar has been in the real estate industry for 20 years and has worked in key positions at Insignia Brooke, AsiaPac International and Group Usha. He will be based out of the Mumbai office.
In addition to Bangalore, Delhi and Mumbai, IndusCresa has offices in Pune and Chennai and provides tenant advisory services including leasing and sub-leasing, rent review and re-negotiation of existing commitments for both office and industrial properties, corporate acquisitions and dispositions, strategic consulting, lease audit, and project management. Clients include MetLife, Coca Cola, IMS Health, Baxter, Cadbury, General Electric, Honeywell, ARRIS, Guardian Life, Motorola, NTT Data, Agilent Technologies and Johnson Controls.
“We are excited to join a company whose values align so closely with our own,” said Jaisimha, “Our clients enjoy the highest level of transparency, objectivity and value-added services and satisfaction, and we feel confident that with the strength of the Cresa platform behind us we can only improve on the high level of service our clients already experience.”
“While we have been working in India for over 15 years, the addition of Indus Global is a huge step forward in the level of service we will be able to provide our clients in markets throughout the country,” said Cresa CEO Jim Underhill.
Cresa aims to open additional international offices before the end of 2016. Last year, the most successful in the firm’s history, Cresa completed over 300 assignments in more than 30 countries outside of North America. Projects included transactions, project management, portfolio management, lease administration, consulting and strategic planning.
About Indus Global
Indus Global is setting standards in Corporate Real Estate for last 20 years. They are committed exclusively to represent tenants and end users with an endeavor to always bring more and more transparency and business ethics to each of the transactions concluded and operate in an organized manner with processes and systems in place. With Indus Global, all the clients enjoy the highest level of transparency, objectivity and value-added services and satisfaction. They understand in-depth the complex and sticky issues in a transaction and try to pre-empt the situation to mitigate any future risks. In India, they have offices in Bangalore, New Delhi, Pune, Mumbai and Chennai with dedicated teams managing all the functions of Corporate Real Estate. For more information, visit www.indusglobal.net.
Cresa is the world’s largest tenant-only commercial real estate firm. In representing tenants exclusively—no landlords or developers—Cresa provides unbiased, conflict-free advice. Its integrated services cover every aspect of a real estate assignment, including strategic planning, employee demographics, workplace strategy, site selection, incentives negotiation, market research, transaction management, project financing, project management, portfolio management, and relocation services. Cresa offers clients customized solutions with more than 60 offices in 75 markets worldwide. For more information, visit www.cresa.com.