Capitaland Investment, a leading real estate firm, has appointed Sumit Gera as the CEO for its India business parks division. Gera, known for his extensive experience in the real estate sector, will oversee strategic initiatives and operations across Capitaland's portfolio of business parks in India.

Gera's appointment reflects Capitaland's commitment to strengthening its leadership team and enhancing its presence in the Indian market. His proven track record in managing large-scale commercial projects and driving business growth is expected to contribute significantly to Capitaland's expansion plans.

In his new role, Gera will focus on optimising asset performance, fostering tenant relationships, and driving sustainable development practices within the business parks segment. Capitaland aims to leverage Gera's expertise to capitalise on opportunities in India's dynamic commercial real estate landscape.

This leadership change comes amidst Capitaland's ongoing efforts to bolster its market position and deliver value to stakeholders through strategic management and operational excellence. Gera's leadership will be pivotal in steering Capitaland's business parks towards continued growth and innovation in line with evolving market trends and customer demands.

Capitaland Investment remains committed to its long-term vision of enhancing urban living and working environments across India, supported by Gera's leadership and the company's strong foundation in sustainable development practices.