Mindspace Business Parks REIT has appointed Ramesh Nair as Chief Executive Officer, with effect from September 1.
With 25 years of leadership 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, leading domestic and multinational owners, investors and occupiers. He has a track record of producing stable revenue and profit growth in dynamic markets.
An MBA from the University of Chennai and an alumnus of Harvard Business School, (AMP), Ramesh was CEO-Colliers India before joining Mindspace REIT, and prior to that, was CEO-JLL India.
The company also announced the elevation of Vinod Rohira from his role as CEO to Board Member of the REIT.
In his new capacity, Vinod will also spearhead a larger role within the group as Managing Director and CEO – Commercial Real Estate, K Raheja Corp; along with a seat on the Board of the Residential Business – K Raheja Corp Homes.
An MBA from Booth School of Business, Chicago, Vinod, has had an illustrious career spanning 27 years with the K Raheja Corp group. He has been instrumental in growing several businesses multifold while overseeing the most significant developments in its 4-decade legacy. During his tenure, Vinod pioneered the concept of landmark business districts and premium residential and retail complexes, which have become benchmarks in Indian real estate.
“As an external partner, my experience in working with the management has allowed me to witness a culture of collaboration and high potential, which I am excited to contribute to,” said Nair.
Speaking on his elevation, Vinod 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.”