Joint Managing Director, JLL,
Shubhranshu Pani, as the Joint Managing Director – Retail, is responsible for providing strategic oversight and growing the firm’s retail business across the country. He leads a team of over 76 retail professionals covering all business functions and processes pertaining to retail mall leasing, sales, investment, retail high street transactions and luxury & lifestyle brand representation. Shubhranshu has over 17 years of retail real estate experience. He began his career as an Engineer in a Polyster Staple Fibre plant of J K Synthetics Ltd. in the mechanical division. After obtaining managerial qualifications, he joined SREI infrastructure Ltd. as a financial analyst. In this role, he initiated a program of Micro-Credit Lending for renewable energy products by the Leasing and Hire Purchase route. He also organized the required funding for this undertaking from various sources. Thereafter, he joined the Research and Consulting Group of Trammell Crow Meghraj (now Jones Lang LaSalle) as a financial analyst. Here, he undertook independent studies on real estate markets, macro-economic studies and, risk assessment of the impact of infrastructure tourism and IT on real estate in India. During this period, he also carried out real estate valuations of varying types. He has been instrumental in building the company’s retail operations in India across 10 offices for over 10 years. He has been proactively involved in enabling numerous international lifestyle brands aspiring to attain a foothold in the Indian retail market and has advised a number of developers on market entry strategies and launching malls in Tier I, II & III cities. He has also been involved in advising Mumbai International Airport Ltd. (MIAL) on their airport modernization plans both from a short-term as well as long term perspective.