Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 08 2018

Shobhit Agarwal’s ANB Combines With Anuj Puri’s Anarock Property Consultants

Puri, chairman of Anarock Property Consultants, said the merged entity would fill the massive investment banking advisory gap that exists in a market redefined by Real Estate Regulatory Authority.

Shobhit Agarwal’s ANB Combines With Anuj Puri’s Anarock Property Consultants

Anuj Puri’s Anarock Property Consultants has announced its mergers with Shobhit Agarwal’s real estate investment banking firm ANB Capital Advisors, in a move that reunites the two former executives of global real estate consultancy Jones Lang LaSalle (JLL).

ANB Capital Advisors was launched in January 2018 by Agarwal, who had previously served as managing director, capital market, and international director at JLL India for 17 years. He will now head the merged entity, Anarock Capital, as managing director and chief executive. Puri worked with JLL for about 10 years and quit as the country head and chairman of JLL India in January 2017. Subsequently, he bought JLL’s Indian residential brokerage and private equity businesses and renamed them Anarock Property Consultants.

With the current merger, Anarock Property Consultants takes a major step towards expansion, the company said in a release.

Puri, chairman of Anarock Property Consultants, said the merged entity would fill the massive investment banking advisory gap that exists in a market redefined by Real Estate Regulatory Authority.

Anarock Capital would provide services in real estate investment banking as well as financial management of big-ticket mergers, acquisitions, and restructurings.

“There is over $150 billion of capital to be traded in Indian real estate over the next five years. And with our collective expertise, existing exposure, and resources, we are perfectly poised to capture a major share of it,” said Agarwal.

Earlier this year in January, another former JLL executive Santhosh Kumar was named group vice-chairman of Anarock Property Consultants.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Financial Investment & Trading
    Note:- Investors whose investment capacity is less than 10 lac..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater GURGAON Haryana
  • Women's Clothing
    About Us: Fashor is a fast growing affordable fashion brand for..
    Locations looking for expansion Tamil nadu
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Others
    About Us: FedEx Express is the world’s largest express transportation company,..
    Locations looking for expansion Haryana
    Establishment year 1997
    Franchising Launch Date 2012
    Investment size Rs. 2lac - 5lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • About Us: At DogSpa we love to spoil, treat and pamper..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities