Sandeep Sethi has been appointed as Division President of Work Dynamics in the Asia Pacific region by JLL. He will now be responsible for overseeing and expanding the North Asia market share for JLL in Mainland China, Hong Kong and his current portfolio in West Asia.
Based in Gurgaon, Sandeep will directly report to Susheel Koul, JLL’s CEO for work dynamics in Asia Pacific. He has 27 years of experience in the corporate sector, having worked with JLL for the last decade. His appointment is a reflection of deep client relationships and growth in the occupier business in West Asia, which now manages over 160 million sq ft of office space across 1,500 client sites in India, Sri Lanka, Mauritius, and Bangladesh.
JLL’s Work Dynamics business unit provides services addressing the full real estate life cycle for occupiers, such as integrated facilities management, construction management services, sustainability and workplace consulting, and lease transaction management. Sandeep’s appointment reinforces JLL’s commitment to both developing and elevating its people to meet the rapidly diversifying client base across the Asia Pacific.
Susheel Koul, CEO of Work Dynamics in Asia Pacific, said: “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate.”
In the light of recent news, 2022 Apac real estate investments have been reported to have dropped by 27% year-on-year due to rate hikes and cooling sentiment. However, looking ahead to 2023, Asia Pacific real estate investors are beginning to identify opportunistic deals. Other key players in the field such as Cushman & Wakefield have recently announced senior Asia Pacific leadership promotions.