Ascendas-Singbridge Appoints New Chief Executive Officer for India Operations

Bangalore, June 16, 2016: Asia’s leading provider of sustainable urban and business space solutions Ascendas-Singbridge Group is pleased to announce the appointment of Mr Sanjay Dutt as Chief Executive Officer for its India operations, with effect from 1 August 2016. Mr Dutt will succeed Mr Lee Fu Nyap, who is relocating to Ascendas-Singbridge’s headquarters in Singapore to assume a new role as Executive Vice President, Real Estate Investment & Funds.

Mr Dutt has over 22 years of experience in the real estate business in India and spearheaded major strategies across cities. In his new role, he will lead the Group’s India operations through its next phase of growth and development. He will oversee operations, business development, strategic planning and significantly contribute to expand and enhance the Group’s portfolio of assets in the country.

Mr Miguel Ko, Group Chief Executive Officer of Ascendas-Singbridge, said: “India is among the Group’s largest overseas market and we are happy that Sanjay is joining us to lead our operations in the country. Sanjay is a proven leader in the industry and we believe that he is well placed to take our India operations to the next level. We also thank Fu Nyap for his contributions in building our India business and leading a competent and cohesive team on the ground.”

In his current role as the Managing Director of India at Cushman & Wakefield, Mr Dutt provides end-to-end real estate solutions across State Government and State owned entities, Occupiers, Developers and Investors. The businesses include Research, Valuation, Consulting, Transaction Services, Project Management and Asset Management Services.

Prior to joining Cushman & Wakefield in 2012, he was the CEO of Business with Jones Lang Lasalle (2008 – 2012). Earlier in his career, Mr Dutt also worked for Cushman & Wakefield (2001 – 2008) and CBRE. He also had a short stint working in the logistics sector in the late 1980s, as an entrepreneur.

Mr Dutt holds a Bachelor's degree in Commerce, Accounting & Business Management from Delhi University, India and a Post-Graduate Diploma in Marketing and Human Resource from the International Management Institute, New Delhi, India. He was awarded Fellowship by the Royal Institution of Chartered Surveyors (RICS) and is Co-Chair for CORENET, India Chapter.

Ascendas-Singbridge has over two decades of experience operating in India, under its subsidiary Ascendas. The Group currently manages close to 10 million square feet of assets across Bangalore, Chennai, Hyderabad, Pune and Gurgaon, with seven operational IT parks catering to over 400 clients and 90,000 skilled professionals.