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”, Shyam Sundar S Pani, President, GIREM said.
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.
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”.
