Morgan Stanley may tap Kotak’s Shailendra Sabhnani to head real estate I-Banking vertical

James Gorman, CEO of Morgan Stanley, said, “I don’t think it’s useful to have a comprehensive statement for all employees, so the return-to-work policy would be a’case star’. (Image: Reuters) Shailendra Sabhnani, the new real estate manager for the Indian division, told Moneycontrol by multiple industry sources with knowledge of the issue.
Sabhnani is currently Managing Director and Real Estate Director of Kotak Investment Banking. A certified accountant, he has worked for domestic investment banks for over 13 years at Edelweiss Capital, UTI Securities and RSM & Co.
. His notice period at Kotak Investment Banking “said one of the above individuals.
“He has been responsible for issuing several major real estates over the last three years. The plan is to take on the role of S Sundareswaran, who previously led Morgan Stanley’s real estate industry.” Two individuals added. In fact, in recent years, Kotaku Investment Bank has been working on real estate transactions such as Embassy Office Park REIT IPO, Mind Space Office Park REIT IPO promoted by Blackstone and K Laheja Corporation, Brookfield REIT IPO, and Amber Tech Village. Embassy Office Park Acquisition by REIT. Rival Morgan Stanley is also very active in this fast-growing field.
S Sundareswaran left Morgan Stanley earlier this year to join real estate advisory firm Alta Capital, partnering with SiddharthaGupta, executive officer of exBlackstone.
The other two sabunani confirmed the proposed move. All 4 people above
spoke to Moneycontrol on condition of anonymity.
Morgan Stanley declined to comment. Moneycontrol awaits an e-mail reply from Kotak Investment Banking and will update this document as soon as the company is contacted. You cannot request a comment directly from Shailendra Sabhnani.
Of course, a REIT or real estate investment trust is a company that owns, operates and manages revenue generating real estate or real estate. Modeled after a mutual fund, REITs pool the capital of a large number of investors and provide investors with a stable return. REIT owns a wide range of commercial properties, from office buildings and apartments to warehouses, hospitals, shopping centers and hotels.

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