International real estate firm Hines has announced the appointment of Amit Diwan as the new managing director and country head for the Hines India platform.
In his role, Diwan will be responsible for managing the expansion of the business by raising and deploying domestic and international capital into development projects and investment opportunities. His focus will be across both residential and commercial real estate projects across the major metro cities in India, says a company release.
Diwan previously served as Chief Investment Officer for Hines in India where he was responsible for end-to-end investment management and asset management. He has played a vital role in shaping the firm’s residential strategy in India, as well as in securing the first two residential projects in Gurgaon and Mumbai respectively.
Prior to joining Hines, he worked for a variety of real estate firms including Piramal Group, GE Real Estate and Jones Lang LaSalle, across India and Southeast Asia.
“We are confident that Amit will build on our standards of excellence in India and continue to contribute to the strong global brand that Hines investors have come to expect,” said Lee Timmins, CEO Hines Eurasia Region. “We look forward to placing significantly more capital in this dynamic country.”
Since entering India, Hines has developed award-winning properties such as One Horizon Center and Skyview Corporate Park in Gurgaon. Additionally, a residential platform formed in 2014 supports the development of upper-mid tier projects in India.