ANAROCK Group, a leading independent property services group, has made a significant move in expanding its real estate services portfolio with the launch of a dedicated commercial office leasing services vertical. Alongside this strategic decision, the group has appointed Peush Jain, a seasoned professional with 23 years of experience in commercial real estate leasing, as the Managing Director – Corporate Leasing & Advisory.
The launch of this vertical marks a crucial milestone in ANAROCK’s growth strategy, aligning seamlessly with its objective to provide exceptional services to corporate occupiers. Anuj Puri, Chairman of ANAROCK Group, emphasized the importance of this launch, stating, “While commercial office leasing has always been a must-have in our portfolio, we wanted to wait for the right moment in time to launch this vertical. That time is now – and given Peush Jain’s established track record, we are in a strong position to capture significant market share in this segment.”
Peush Jain, who joins ANAROCK from leading international property consultancies CBRE and Colliers International, expressed his excitement about the new role, stating, “I am excited to join ANAROCK, an industry icon in real estate services, to expand its portfolio into commercial real estate leasing and advisory services.” He highlighted the Group’s technology-focused approach, which aligns perfectly with his vision of integrating tech-driven solutions into the commercial real estate business.
India’s office leasing sector has shown remarkable resilience amidst global uncertainties, with projections indicating that it will surpass 50 million square feet by the end of 2024. This growth is primarily driven by robust leasing activities from Global Capability Centers (GCCs), which are expected to expand their footprint to 280-300 million square feet in the next 3-4 years.
The appointment of Peush Jain and the launch of the commercial leasing and advisory vertical signal ANAROCK’s commitment to providing innovative and comprehensive real estate solutions to its clients. With a focus on technology and a strong leadership team, ANAROCK is poised to make a significant impact in the commercial real estate market in India.
