M&A

M&A

Fmr Colliers Project Leaders’ MD Sankey Prasad acquires its Middle East ops

Economic Times   Sankey Prasad   Colliers Project Leaders (CPL)  

Sankey Prasad , a real estate entrepreneur and advisor, has acquired 100% ownership of Colliers Project Leaders (CPL) in the Middle East. With this acquisition, he will serve as chairman of the newly independent entity.Colliers Project Leaders Middle East, previously a key business segment under Colliers International has historically led project management and development advisory mandates across the region. Under its new ownership, the entity aims to operate independently and capitalise on the region’s evolving real estate and infrastructure demand across sectors such as mixed-use developments, hospitality, industrial, commercial, and large-scale capital projects.This acquisition follows Prasad's complete exit from Colliers India and Colliers Project Leaders, where he previously served as chairman & managing director.