JLL announces key leadership appointments
Chennai, a key real estate market in the country, has been an important region for JLL
JLL India has announced key leadership appointments at strategic positions in its Chennai business. Siva Krishnan has been appointed MD, Chennai; Kanchana Krishnan has joined as head – markets and retail, Chennai and Jerry Kingsley has stepped up as head - capital markets, South India and head - Sri Lanka.
Chennai, a key real estate market in the country, has been an important region for JLL. The firm has a proven track record of successfully managing some of the city’s landmark real estate transactions over the last 20 years. Lately, the firm was instrumental in facilitating several large transactions across office, capital markets & industrial. Some of the notable deals in 2018 were SP Infocity asset sale to Mapletree, Exide Divestment to Olympia Group, large OEM projects in manufacturing and several large blue chip anchor office leasing transactions.
These leadership appointments will not only ensure that JLL augments its service capabilities and strengthens its undisputed market leadership, but also continues to be at the forefront of such industry redefining transactions.
Chennai has discovered increased demand across all asset classes like office, retail, manufacturing, logistics and also holds a promising future for new emerging sectors such as student housing, co living etc.
Siva Krishnan is an industry veteran with over 21 years of expertise in understanding business models and market dynamics across real estate assets and lifecycles. He is also credited with founding and developing the B2C residential franchise for two of the largest IPCs in the country.
Kanchana Krishnan will focus on further building successful JLL office leasing business. She will also head - landlord representation at the country level and spearhead the practice by coordinating with other landlord representative experts within the firm.
Jerry Kingsley has played multiple roles across business lines and asset classes. His multi-disciplinary experience include almost all facets of the real estate brokerage business like tenant representation, developer representation, industrial & warehousing, investment sales, land divestments, etc.
Ramesh Nair, CEO and country head, JLL India, commented, “Chennai’s market offers a balanced economy that is not dependent on a single sector. Also the market has a presence of large Fortune 500 companies. Factors such as its developed social infrastructure with international educational institutions, healthcare facilities and low cost of living etc. have been an attraction for occupiers. I am delighted as Siva, Kanchana and Jerry take up their new roles. Their expertise, coupled with expanding opportunities in the city is sure to be a winning combination.”