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GIREM - Jones Lang LaSalle Corporate Capital Summit in Mumbai

Making Sense of Corporate Capital in Real Estate

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Announcement Corporate
Last Updated : Jan 20 2013 | 10:13 PM IST

GIREM (Global Initiative for Restructuring Environment and Management), in association with Jones Lang LaSalle, is organizing a high-powered, by-invitation-only summit, which will be attended by the top brass and decision makers of the real estate and capital market fraternities. The summit will take place on July 8th 2011 at the Grand Hyatt, Mumbai.

This event has been specifically conceived for free-flowing discussions and sharing of trends and knowledge about what the future holds for the financing industry. GIREM Corporate Capital is the ultimate platform for corporate real estate professionals and the investor community to connect under one roof.

Today, CRE (Corporate Real Estate) managers and decision makers across the country are faced with a twin challenge – that of bringing down overall real estate occupancy expenses, and that of making CRE portfolios more responsive to the rapidly changing business environment.  “This is a powerful platform at which the most respected industry stalwarts of the investor, developer and office occupier communities will congregate  to ideate and discuss the challenges they face - now and in the future - and to make plausible recommendations”, states Mr. Shyam Sundar S Pani, President, GIREM.

In India, where real estate markets treaded a rising growth curve in 2010, the challenges it faces today can no longer be met with the traditional tactical execution. Shaking lose the reactive response mode and armed with knowledge of what could have been one of the worst financial crises of our times, today's occupiers are aligning real estate portfolios to better business strategy. In doing so, they are elevating the role of corporate real estate to that of ‘proactive partner’ to the business.

Mr. Sanjay Dutt, CEO Business, Jones Lang LaSalle says, “India is evolving rapidly, and along with this evolution come a myriad challenges with hidden opportunities. This is especially true for the country's real estate sector, wherein investments and developments are progressing at a breakneck speed but without a clear, unified direction. We believe it is time for the corporate world to awaken to this reality, and this is where a visible and powerful forum like GIREM can push the boundaries even further”.

About Jones Lang LaSalle India:
Jones Lang LaSalle is India’s premiere and largest professional services firm specializing in real estate. With an extensive geographic footprint across eleven cities (Ahmedabad, Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore) and a staff strength of over 4000, the firm provides investors, developers, local corporates and multinational companies with a comprehensive range of services including research, analytics, consultancy, transactions, project and development services, integrated facility management, property and asset management, sustainability, warehousing and logistics, capital markets, residential, hotels, health care, senior living, education and retail advisory.

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For further information, please visit www.joneslanglasalle.co.in

About GIREM:
GIREM is an independent body with focus on urban planning and real estate. The various GIREM platforms facilitate exchange of ideas, knowledge and expectations by bringing together all the important stakeholders of urban development and Real Estate in the country. GIREM places special emphasis on the Corporate End Users of commercial and office spaces in India by addressing their needs and concerns to establish and operate in the urban Indian environment.

GIREM acts as catalyst to engineer change, to accelerate development in a structured and sustainable manner.

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First Published: Jun 06 2011 | 7:39 PM IST

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