ankur gupta brookfield salary

This deal marks our entry in India's capital, #Delhi and furthers our leadership position in the #office market in India with presence in all tier-I markets. Q. High quality assets in gateway, infill locations continue to drive our investment activity in #India and these properties are witnessing strong demand from tenants. What explains the growing acceptance of this instrument, which had initially received a lukewarm response? Our deep global expertise in owning and operating #realestate and access to capital has helped us build a market leading, premium quality portfolio of #office properties in India. Possibly when we start to focus on a particular space, the opportunities will flow. View Ankur Gupta's professional profile on LinkedIn. Unveiling the OnePlus Nord 3: A mid-range marvel with flagship features, Military Manufacturing: Prioritising Make in India, Stuff Your Kindle Day 2023: Get free access to thousands of Ebooks! Every market has its challenges. Our vision is to develop The Leela assets from 8 to 16 to 20 properties in the country. Brookfield is an NYSE- and Toronto-listed firm, with approximately$600 billionin assets under management across real estate, infrastructure, renewable power, In India, while it started with investments in real estate and small, In India, Brookfield has dabbled in large deals across asset heavy sectors, but in 2020 it made its first bet in pure play, As Brookfield readies itself for bigger deals, Ranjan believes the firm is now ready to tackle almost any sector, and that too by cutting the largest cheques. You cannot take away the human element from hospitality. The Leela manages hotels for four different owners. The focus of developers on Grade-A commercial developments, backed by increasing demand from multinational tenants, has led to the onset of large-format campus developments, with increased investments by highly reputed institutional investors. Unlike you, there are industry leaders who feel that the government can do so much more, for instance, offer subsidiesAsk not what the country does for you; ask what you can do for it. Office spaces aren't going away; commercial real estate will be at the heart of economic recovery: Ankur Gupta, Brookfield Properties. Prior to joining Brookfield in 2012, Mr. Gupta worked for a leading real estate development firm. Apart from this, the REIT may acquire commercial properties which further its objectives and business. The books donated through the #TreesOfHope2023 initiative @brookfieldproperties will be used by Smile Foundation to set up reading corners for children in their centers. What are your challenges of the Indian market? The communication we are sending out is that The Leela has the capital and the balance sheet support. North Rhine-Westphalia, the Sporting State NRW is leading the pack in many respects, especially when it comes to sport. and Cultures, High Quality Work People need to travel for business. More specifically, It is important to have a structure, but everything will not be centralized. Id still like to believe its early days! Subsequent steps of reducing the minimum application size for REIT issues has only helped to increase the retail participation in REITs, and we laud the efforts of the market regulators on this front. Q. They are also well-established assets with state-of-the-art amenities, several marquee tenants and a WALE of 7.1 years which provides stability to the cash flows of the REIT. 1Occupancy certificate for Candor TechSpace N2 Tower 11A was received on May 30, 2022. Thank you for your comment, we value your opinion and the time you took to write to us! Sanjeev Kumar Sharma Chief Financial Officer. That is when due diligence is required. Founder Chairman at Hotelivate; Board Member at SAMHI. I see a very good opportunity for Brookfield and The Leela to be consolidators and capital providers. Reema H. Kundnani Bushra Shaikh Shveta Singh Brookfield Properties Brookfield Asset Management Our technologically empowered assets are designed . I would not agree that progress has not been made. Ankur Gupta is a Managing Partner and Head of Asia Pacific and Middle East for Brookfield's Real Estate Group and Country Head for Brookfield in India. Reema H. Kundnani Bushra Shaikh Shveta Singh Brookfield Properties Brookfield Asset Management Heres how. We will also gain immensely by the right branding in the right markets such as South Asia and the UK. We need to create an ecosystem where the government and industry can work in tandem. Find contact details for 700 million professionals. Sample this. In the last few years, we have seen Hyatt, Marriott and other global brands establish themselves. As disclosed in the Offer Document, we have identified external growth opportunities through the ROFO Properties and Identified Assets. Brookfield Properties 212,462 followers 6mo . RS Metrics Tom Diamond can share some of that with you, Real estate fundamentals for high-quality assets in markets around the world remain healthy. Hope to partner this journey with the team. We are also working on a massive redevelopment project and a very large club by Indias standards, near the international airport in Mumbai. 328,686 followers. The ancient town of Schwerte dates all the way back to 962 where it was originally known as "Suerte.". watchlists, Keep track of your watchlist stocks - news, latest corporate you'll be able to: Access over 2,000,000 executive and board member profiles. That can happen only in the organised sector, this seamless transfer from the airport to a hotel. It didn't scare us off from investing in the country. In 2016, it struck a $1 billion deal with the Hiranandani Group. Read More Ankur Gupta's Phone Number and Email Last Update 5/1/2023 1:47 PM Email a***@brookfield.com Engage via Email Contact Number (***) ***-**** Engage via Phone Mobile Number (***) ***-**** Engage via Mobile They are a captive market. The Leela epitomises Indian luxury and our vision is to strengthen the luxury brand. We generally study a vertical, we are patient, and we invest in intellectual capital before the real capital flows in. As one of the most important energy and industrial Ankur Gupta is a Managing Partner in Brookfield Asset Management and currently leads Brookfield's Real Estate business in the Asia Pacific and Middle East region across all aspects of. But I am not suggesting that we would not focus on other segments. Your Reason has been Reported to the admin. Our deep global expertise in owning and operating #realestate and access to capital has helped us build a market leading, premium quality portfolio of #office properties in India. Ankur Gupta is the Non-Exec & Non-Independent Dir of Brookfield India Real Estate Trust. Brookfield India Real Estate Trust REIT Q1 FY23 Earnings Concall dated Aug. 04, 2022Corporate Participants: Ankur Gupta Managing Partner. Rachit Kothari Ashank KothariYaashna KapoorAmbuj KukrejaAlvin SelvamHimanshu Doshi Shveta Singh Alok Aggarwal Munish Mathur Reema H. Kundnani #brookfield #brookfieldproperties How is the demand scenario on the ground for commercial and residential assets or projects? I dont see myself as a transactional person, as most asset managers are. The return to office trends coupled with the expansion plans of the global IT/ITES industry in India point towards strong demand for commercial real estate in India. announcements and more, Your customized notes, created parameters and more, Set live portfolio/watchlist alerts and view recent alerts, Manage and view recently triggered price alerts. He shared his insights on Indias policy implementation and opportunities for global #investors. Ankur Gupta, Head of #RealEstate for #India and the #MiddleEast, recently discussed his views atFICCIs 95th Annual Convention and AGM. There is no reason for India not to have an international hospitality brand. You too can participate and make a difference by spreading awareness through your pictures with the tree on your social media handles or donating books that you love. When do you see a revival of the hospitality and travel industries?Any dislocation as caused by the magnitude of this pandemic cannot have a short recovery period. Ankur Gupta's Post Ankur Gupta Managing Partner at Brookfield Asset Management This button displays the currently selected search type. The books donated through the #TreesOfHope2023 initiative @brookfieldproperties will be used by Smile Foundation to set up reading corners for children in their centers. The early 2020s will be remembered for so many events arising from the global pandemic, but one thing is certain: It's made us aware of spacesboth where we are in them and where we want to be. Are you looking at taking Brand Leela international or do you plan to strengthen its Indian portfolio, with say 18-20 properties? Europe, Menlo Park, China), Where the person is located (e.g. Photo by. Ankur Gupta, Head of #RealEstate for #India and the #MiddleEast, recently discussed his views at FICCI 's 95th Annual Convention and AGM. I believe we should enable children to reap the benefits that books can bring. It is about experiences and service quality. If we once thought that this would take us five years, it will take us lesser time now via JVs and acquisition of assets, particularly in the post-pandemic days, for growing The Leela business. In these roles, he oversees all of Brookfields activities in India, and is responsible for investment activities and growth for Brookfields real estate business in Asia Pacific and Middle East. Monetary value is not the right way to look at things. As they get upwardly mobile, the need to travel for leisure arises. There arent that many well-capitalised players in the market today with a strong bottom-line. Many-a-times in India, you spend a disproportionate amount of time on titles, approvals, licenses, and such. ,MBA (ISB), B.Tech ,ADIS, NEBOSH,LA,Inspiring Fcilitator, Dip.QA,ICAO SMS Trainer. Updated: Jun 24, 2021 12:30:59 PM IST Full Bio (Left to right) Nawal Saini, Dev Santani, Ankur Gupta, Aditya Joshi and Arpit Agarwal of Brookfield at their office in Powai, Mumbai. WFH has been around since before the pandemic and has been a part of most conversations since the pandemic. Private Equity | Mental Health Ambassador | ET 40 under Forty Business Leader (2016). All of us could have done more, but the fact that we have rallied around each other is amazing. And over half of it (nearly $11.5 billion) was deployed in 2020 alone, amid the raging pandemic. What are your key takeaways from Budget 2021? Brookfield has raised Rs 1,709.97 crore from anchor investors, says Ankur Gupta, Managing Partner, Brookfield Asset Management. We are positive that the REIT as an idea and investment product is here to stay and thrive in the Indian market, as evinced by the launch of our own REIT. alerts, Analyse your portfolio - Concentration analysis, Portfolio NAV and We have a living culture that is practiced even after 5000 years, the world traveller wants to experience. We try and use the resources in the best way possible. Do you see any opportunities in the mid-market hospitality segment purely in terms of investment and returns? We cannot do away with the level of service that people are used to, so the fine balance is important. It does not mean that we need to have The Leela hotels across the world. 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They enable our tenants to attract and retain the best-in-class talent across industries. Should you buy more assets? In the last three to four months, there has been massive disruption, with single-digit occupancies. SUSTAINABILITY There is a lot of dislocation in the capital markets. Back Submit "In 2021, "we stood, and we stared" and took greater notice of the places we live and work in, returned to the hotels we craved, looked forward to being in office campuses, returned to schools and colleges . Managing Partner, Real Estate In 2016, in Indias largest commercial property deal, you had struck a $1bn transaction with the Hiranandani group and later you acquired Leela Hotels. They show us the why and how wiser people traversed through history, driven by their purpose. . The Indian hospitality sector is at a very nascent stage. Once, you could count the hotels on your fingertips. Incredible performance - kudos to the entire Brookfield team! Properties such as #Worldmark Delhi at #aerocity are representative of the quality that underscores Brookfield Properties business globally in terms of quality and location. Thank you, Sanjiv Mehta puts it the best: the world is conspiring to make #india victorious.. He said, "the Indian economy is doing really well. In these roles, he oversees all of Brookfield's activities in India, and is responsible for investment activities and growth for Brookfield's real estate business in Asia Pacific and Middle East. We welcome these moves and are hopeful that this momentum will continue. There will be those who ask questions. You cannot blame the resources. The activities, financial condition and results of operations in this discussion and analysis are based on the audited Consolidated Financial Statements and audited Standalone Financial Statements of Brookfield India REIT. Brookfield REIT is looking to raise Rs 3,800 crore from the primary market. Ankur Gupta is Senior Vice President at PNC Bank NA. Ankur Gupta's colleagues are Dan Shpak, Renate Ramdhan, Winsome . Mr. Gupta holds a Master of Business Administration degree from Columbia Business School and a Bachelor of Technology degree from the Indian Institute of Technology, Bombay. Ankur Gupta, Head of #RealEstate for #India and the #MiddleEast, recently discussed his views atFICCIs 95th Annual Convention and AGM. Ankur is a member of the real estate investments team at Brookfield and is based out of New York. This deal marks our entry in India's capital, #Delhi and furthers our leadership position in the #office market in India with presence in all tier-I markets. In my position, many-a-time I do feel the pressure building up. What is it that you have learnt from the pandemic? We needed to invest not just in our communications but also in our physical offerings. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. We need to put in efforts and capital behind The Leela business. Under the new system being put in place, decision-making is happening on the spot and the accountability levels are high. There are plans to take it international. We bought 45 more BMWs to establish our luxury quotient. Often, I was on a flight four times a week, meeting people, exchanging ideas and exploring different cultures. The hospitality industry has never seen such a disruption before. This will alert our moderators to take action. The Indian hospitality industry is fragmented and not very well capitalised. Direct Environmental, Climate & Physical Risk Measurements, That's great Ankur ! Sustainability Development Goals (SDGs) and our Net-Zero actions. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, Total number of events the individual appeared in. What do you miss most about travelling on a personal level? Addition of 6.5 million sf of market leading properties like Downtown #Powai in Mumbai and #Candor Techspace in Gurugram (Delhi NCR) will add significant value to the size of the REIT and is consistent with our long term strategy of growing Brookfield India REIT, We are excited about the start of our partnership with #Bharti Enterprises which entails marquee commercial assets spread over 3.3 million square foot in the Delhi-NCR region. Do you believe that WFH or work from home concept will affect occupancy levels permanently or do you think the concept will be dropped post the vaccination drive? However, the fear of coronavirus infection will persuade them to use the services of the organised hospitality sector. Sometimes, you are dealing with more exuberant markets, which is also a challenge of a different magnitude. That can be achieved only when a hotel has a scale. We believe that high-quality assets governed by a strong ESG framework and enhanced by innovation and technology will continue to be the workplaces of choice. Growth. This will be the first REIT in India which will be entirely sponsored and managed by an institutional investor. Nice profile of the business we have been patiently building in India. I believe there will be a void in the market. Look at Bengaluru. Its association with Bureau Veritas is a stamp of quality and communicates heightened security. AREA FOR IDENTIFIED But the government cannot decide the duration of loans; that is the bank credit departments job. Beyond that, the hospitality segment expressed itself in a very limited manner. I miss travelling! However, people will want to travel and stay in hotels that are part of the organized sector, and this will help the industry tremendously. When a business is functioning through a cycle, a lot of inherent issues with weak balance sheets and capital structures get swept under the carpet. The Leela was the only brand that has tried to package Indian heritage and present it to a world traveller and today it is recognized as the Worlds Best Brand. Club Tower, The Leela Ambience Convention Hotel Delhi. Superb, Ankur! Great, congrats, all the best Mr Ankur Gupta, Direct Environmental, Climate & Physical Risk Measurements, Country Head - India at Sun Life Financial. Gurgaon did not exist. Back Submit. We cant comment on the residential front, since this REIT is a purely commercial real estate vehicle. Ankur Gupta's Post Ankur Gupta Managing Partner at Brookfield Asset Management 9mo Report this post Report Report. Ankur Gupta is a Managing Partner and Head of India and Middle East for Brookfield's Real Estate Group and Country Head for Brookfield in India. We can expand to the hill stations, to religious destinations, in the wellness space I see a huge opportunity for these expansions under The Leela banner, besides focusing on the core of the business, which encompasses all these.The India service sector has grown rapidly. Will Brookfield aggressively scout for such big-ticket deals in 2021? #Indias macro trends continue to remain strong and factors like the availability of skilled talent and regulatory backing to the #IT and ITeS sectors remains intact. The NBFC crisis and the outbreak of Covid-19 had badly hurt the real estate sector. HotelierIndia.com is the new digital destination for India hospitality, catering and leisure professionals, and the home of ITPs industry-leading hospitality publications on the web. Brookfield Corporation. Porte cochere, The Leela Palace Bengaluru. #Brookfield #India #REIT #RealEstate #Community #Office #ESG #BrookfieldProperties #Innovation #Sustainability #AnnualResults. The assets are four large campus-format office parks, which are business-critical for their tenants, located in some of Indias key gateway markets - Mumbai, Gurugram, Noida and Kolkata. In the US, you dont worry much about a property title. They are doing the right thing by building infrastructure and that would help our sector in the long term. #Indias macro trends continue to remain strong and factors like the availability of skilled talent and regulatory backing to the #IT and ITeS sectors remains intact. On September 30, 2020, Moneycontrol was the first to report the firms filing of offer documents with the market regulator. OCCUPANCY, AREA UNDER These are challenges unique to a business in India but, sometimes, they are also opportunities to grow and do things differently. Globally, we work with several brands such as Accor, Hilton and Marriott, to the extent that they are the providers of management services. Large economies, like India, take time to figure things out. The Initial Portfolio totals 14.0 msf, comprising 10.3 msf of Completed Area, 0.1 msf of Under Construction Area and 3.7 msf of Future Development Potential. Moreover, work from home comes with several disadvantages. I am not being critical, but you waste a lot of time getting the basic stuff done, time that you could spend on development, asset management, growth and working the eco-system appropriately. Once developed, it will have 45-50 high-end serviced apartments and an exclusive by-invitation-only private club, which will be branded as The Leela. When you are the best in the world, you dont have to change too many things; you have to improvise on them! The question, in this case, is: What are the protocols and who is going to deliver them? Ankur joined Brookfield in 2012 and has been involved in a wide range of real estate investments totaling more than $15 billion. Q. Ankur Gupta's Post Ankur Gupta reposted this Report this post Report Report. In these role, he oversees all of Brookfield's events in India, and Brookfield's real estate business in India and the Middle East. Checking-in and out has to be seamless. 2The tenants are based on the standalone legal entities that have signed agreements and includes office as well as retail tenants. On the front-end, you see QR-coded services; you see contactless and seamless check-in and check-out. The initiative is live in 8 cities across Brookfield Properties campuses until January 25, 2023. Two of them are backed by your peer Blackstone and now you have joined the club as well with the third REIT offering in the country. He shared his insights on Indias policy implementation and opportunities for global #investors. So, while there was an impact on the number of people coming to office in the initial days of the pandemic, we are seeing the numbers come back to normalcy.
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