Brookfield India REIT Appoints Shashank Jain as CEO and Managing Director
New Delhi, March 31: Brookfield India Real Estate Trust has announced the appointment of Shashank Jain as the Chief Executive Officer and Managing Director of its manager, Brookprop Management Services Pvt Ltd.Alok Aggarwal will continue in his role as CEO and MD until June 30, after which Shashank Jain will assume charge from July 1. The appointment was approved by the board in a regulatory filing on Tuesday, with Jain also being appointed as an additional director under the category of Managing Director.
Jain joins Brookfield India REIT from PwC India, where he served as the Co-Head of the deals practice and previously led the transaction services practice. He brings over 20 years of experience in the real estate sector, having managed significant transactions across multiple asset classes.
A member of the Institute of Chartered Accountants of India, Jain also holds a Diploma in Business Finance from the Institute of Chartered Financial Analysts of India.
Brookfield India REIT’s portfolio spans 11 Grade A assets across Delhi, Mumbai, Bengaluru, Gurugram, Noida, and Kolkata. The trust manages a total leasable area of 37 million sq ft, including 32.4 million sq ft of operating space, 0.6 million sq ft under construction, and 4 million sq ft earmarked for future development.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.