- Huw Hughes
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UK shopping centre operator Intu has announced the appointment of
Dushyant Sangar as its new chief investment officer.
Dushyant is currently corporate development director at the company and
has worked in re-shaping Intu’s strategic portfolio, having led the
company’s investment and divestment transactions, including recent joint
ventures. Since joining Intu in 2010, Dushyant has worked on over 5 billion
pounds worth of transactions, the company said, including the acquisition
of intu Trafford Centre, and has played a leading role in Intu’s entry into
Spain.
In his new role, Dushyant will be responsible for implementing the
company’s ongoing investment strategy as well as continuing to manage
acquisitions and disposals.
“Dushyant is a very talented and experienced real estate investment
practitioner who has played a vital role in our successful capital
recycling over recent years,” Intu chief executive, Matthew Roberts, said
in a statement.
“A key strategic objective for us is making smart use of capital which
includes reducing leverage and prioritising investment that furthers our
winning destination strategy. Dushyant will be key in delivering
disciplined capital allocation across the business and I very much look
forward to working with him.”
Photo credit: Intu
