Sandeep Sethi has been appointed as the division president of JLL’s Work Dynamics for Asia Pacific. This business unit provides clients with services concerning the whole real estate life cycle such as integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management. Sethi’s role will expand from his current managing director and head of Work Dynamics in West Asia.
He has worked in the corporate sector for over 27 years, which includes 10 years of experience at JLL. During this period, he has been successful in building client relationships, and is currently in charge of 160 million sq ft of office space across 1,500 clients in countries such as India, Sri Lanka, Mauritius, and Bangladesh.
With this promotion, Sethi will now be responsible for the North Asia market as well. His responsibilities include growing JLL’s market share in China and Hong Kong, in addition to providing services to clients. He will be based in Gurgaon, and will report to Susheel Koul, the CEO of Work Dynamics for Asia Pacific.
Koul commented, “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate. His appointment reinforces JLL’s commitment to developing and elevating our people to serve our rapidly diversifying client base across Asia Pacific.”
This promotion is evidence of JLL’s commitment to the development of the Work Dynamics business in the region, as well as to their people. This is especially pertinent, as the Asia Pacific region is expecting less in terms of real estate investments for the year 2022, due to interest rate hikes and a cooling sentiment, as reported by JLL.
However, investors in the region remain eager to take advantage of opportunistic deals in 2023, as reported by CBRE. With Sandeep Sethi taking on the role of division president of Work Dynamics in Asia Pacific, JLL looks set to make the most of the prospective investment opportunities that the region has to offer.