(HOUSTON) – Hines, the international real estate firm, is pleased to announce that Amit Diwan has been appointed managing director and country head for the Hines India platform. In this role, Amit is responsible for managing the expansion of the business by raising and deploying international and domestic capital into development projects and investment opportunities. His focus will be across both residential and commercial real estate projects across the major metro cities in India.
Since joining Hines, Amit has served as Chief Investment Officer for Hines in India where has been responsible for end-to-end investment management and asset management. He has played a vital role in shaping the firm’s residential strategy in India, as well as in securing the first two residential projects in Gurgaon and Mumbai respectively.
Prior to joining Hines, he worked for a variety of real estate firms including Piramal Group, GE Real Estate and Jones Lang LaSalle, across India and Southeast Asia. Amit received his BA in Economics from the Shri Ram College of Commerce, Delhi University and earned his Masters from the Indian Institute of Management, Ahmedabad.
“We are confident that Amit will build on our standards of excellence in India and continue to contribute to the strong global brand that Hines investors have come to expect,” stated Lee Timmins, CEO Hines Eurasia Region. “We look forward to placing significantly more capital in this dynamic country.”
Since entering India in 2006, Hines has developed award-winning properties such as One Horizon Center and Skyview Corporate Park in Gurgaon. A residential platform, formed in 2014, supports the development of upper-mid tier projects in India.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 24 countries. Hines has approximately $111 billion of assets under management, including $60 billion for which Hines provides fiduciary investment management services, and $51 billion for which Hines provides third-party property-level services. The firm has 108 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,295 properties, totaling over 422 million square feet. The firm’s current property and asset management portfolio includes 506 properties, representing over 210 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.