Press Release

CBRE Appoints Ananth Ramchandran as Head of Advisory & Strategic Transactions, Hotels & Hospitality, Asia

Asia Pacific – April 11, 2022 – CBRE announced today the appointment of Ananth Ramchandran as Head of Advisory & Strategic Transactions, Hotels & Hospitality, Asia.

April 11, 2022

Media Contact

Katherine Yu

Senior Manager, External Communications, Asia

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Asia Pacific – April 11, 2022 – CBRE announced today the appointment of Ananth Ramchandran as Head of Advisory & Strategic Transactions, Hotels & Hospitality, Asia.

Based in Singapore, Mr. Ramchandran will lead CBRE’s hotel advisory business that includes advising owners and operators on the growing branded residential segment. He will be responsible for driving the strategic hotel and hospitality transaction business that includes portfolio sales, mergers and acquisitions, partnerships and capital transactional services for both debt and equity.

Steve Carroll, Head of Hotels & Hospitality, Capital Markets, Asia Pacific, said, “Ananth brings leadership and deep experience when Asia Pacific’s hotel sector is at an inflexion point, with many markets reopening borders and relaxing travel restrictions. Our clients and strong team of hospitality professionals will benefit from his expertise as the sector recovers.”

Hotel investment in Asia Pacific increased 46% year-over-year in 2021, underpinned by REITs, private offices and private equity capital that are acquiring hotels in anticipation of a resumption of tourist demand. The sector is expected to attract additional investment this year as investor confidence further strengthens.

Mr. Ramchandran joins from IHG Hotels & Resorts, where he served as Vice President, Capital Investments & Transactions and Global Head of Branded Residential. He drove the company’s investment and asset management business in Asia Pacific and played a leading role in the acquisitions of the Regent and Six Senses brands.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.