This real estate company announces its intention to hire at least more than 1000 employees
Colliers India, part of Canada-based Colliers, has approximately 3,000 employees.
In an interview with PTI, the new CEO of Colliers India, Ramesh Nair, described his vision to be among the âtop threeâ real estate consultants in the country in terms of âprofitabilityâ.
Nair, an industry veteran with over 20 years of experience, joined Colliers India as CEO in July this year. He is also Managing Director, Market Development, Asia, Colliers.
Listing his five focus areas, Nair said the company would increase the size of the team, embrace the right culture, market its brand well, introduce innovative technologies and develop relationships with customers.
âWe’re going to stay focused on some of our great strengths. We are the largest project management company in the country.
“We need to gain market share in transactions related to the office, industrial and warehousing and capital market segments. We will do this by making sure to hire talent at all levels in these three. departments, âhe said.
Four departments – project management, office, industrial and warehousing and capital markets – would be key growth engines and also areas in which the company would inject investment.
Asked about the strength of the current employees and the hiring plan, Nair said: âCurrently we have around 3,000 people in the company. We hope to hire at least 1,000 people next year. We are aggressively hiring from the company. competetion.”
Out of 3,000 people, about 1,100 people are employed in facilities management departments, while the rest are in project management and other departments.
The company is also studying how it can integrate a âliquid workforceâ to strengthen its various departments.
He noted that all segments of real estate, including housing, offices and shopping centers, have shown signs of recovery after the second wave of the COVID pandemic thanks to improved economic growth and improvements. progress made in the immunization program.
To develop his business in India, Nair pointed out that Colliers, in addition to appointing him CEO, in 2019 acquired a majority stake in the Bengaluru-based project management company Synergy Property Development Services, in one of the most major merger and acquisition operations in this space.
âThe goal over the next year is to become the top three companies in India (in the real estate advisory business) in terms of profitability,â Nair said, but declined to share current revenue and profit figures. from India.
The company plans to add two new service lines in January next year, he said, but did not share more details.
âWe want to make sure that we remain extremely focused on both business development and account management,â he said.
Nair said the company will strengthen its research team as it seeks to become the best thought leadership company among real estate consultants.
“We have formidable competitors and we respect our competitors enormously. We hope to differentiate ourselves by making sure we focus on better customer service, new technologies and quality research,” he said, when asked about the competition. growing among real estate consultants.
In January of this year, Nair left JLL India, where he served as CEO and Country Manager and led a team of over 12,000 people.
Nair had joined global real estate consultant JLL as an analyst in 1999 and became CEO of the Indian business in 2017.
After joining Colliers India, Nair strengthened the team.
Recently, Colliers India appointed three senior directors – Vimal Nadar, Arshish Kavarana and Neha Yadav – in the areas of research, tenant advice and office transactions respectively.
He brought a CoGence technology platform that enables remote site monitoring and advanced analytics for more efficient management of construction projects.
Globally, Colliers, one of the leading diversified professional services and investment management companies, operates in 66 countries with more than 15,000 enterprising professionals.
He provides expert advice to real estate occupants, owners and investors.
Colliers has annualized revenue of $ 3.3 billion ($ 3.6 billion including affiliates) and $ 45 billion in assets under management.
This story was posted from an agency feed with no text editing. Only the title has been changed.
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