Mindspace Business Parks REIT has appointed Ramesh Nair as CEO, with effect from September 1, 2023, while Mindspace REIT has elevated Vinod Rohira from his role as CEO to Board Member of REIT. This strategic move ensures stability and continuity of leadership, as Mindspace REIT embarks on its next phase of growth and expansion. In his new capacity, Vinod will also spearhead a larger role within the group as MD and CEO – commercial real estate, K Raheja Corp; along with a seat on the Board of the Residential Business – K Raheja Corp Homes.
Nair said, “The REIT exhibits strong potential for growth, and I look forward to working with the Team to create enduring value for stakeholders. I express my gratitude to Vinod for establishing such a robust foundation for the business’ future endeavours.”
Rohira said, “It has been an absolute privilege to lead Mindspace REIT through the listing and witness its growth over the last 3 years. As I transition into my new role, I welcome Ramesh and look forward to supporting the continued growth and success of the REIT along with the group businesses, from this new vantage point.”
Neel Raheja, Board Member, Mindspace Business Parks REIT, said, “Our past collaborations with Ramesh have yielded highly favourable results, and we look forward to his adept management of the business. We are grateful to Vinod for his exceptional leadership and wish him the very best as he takes on a larger role as Board Member of the REIT and MD and CEO of the non-listed commercial portfolio.”
With over 25 years of experience across most facets of the real estate business, Ramesh has worked across diverse asset classes spanning office, land, retail, residential, warehousing, datacentres and hotels, guiding domestic and multinational owners, investors and occupiers across the entire real estate development cycle. An alumnus of Harvard Business School (AMP), Ramesh was CEO, India and MD, market development, Asia, at Colliers before joining Mindspace REIT, and prior to that, was CEO & country head at JLL India.
An MBA from Booth School of Business, Chicago, Vinod, has had an illustrious career spanning 27 years with K Raheja Corp group. He has, during his tenure, pioneered the concept of landmark business districts, premium residential and retail complexes, which have become benchmarks in Indian real estate.
