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Published
May 10, 2019
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Intu names Dushyant Sangar as Chief Investment Officer

Published
May 10, 2019

Shopping malls giant Intu, which operates in the UK and Spain, has made a key appointment with Dushyant Sangar becoming its Chief Investment Officer.


Intu



He’s currently Corporate Development Director at the firm, having been appointed to the role and joined the executive committee in 2014. The company said he’s “played a vital role” in its “strategic portfolio re-shaping having led all of the company’s investment and divestment transactions, including recent joint ventures.”

And he’s also been responsible for sourcing and building relationships with its capital partners, including CPPIB, Nuveen, LaSalle, KWAP and most recently Cale Street, backed by the Kuwait Investment Office, London.

Since joining Intu in 2010, the exec has worked on over £5 billion of transactions, including the acquisition of Trafford Centre, and he played a leading role in its entry into Spain “and its successful development to date.”

Coming at a time when the firm has a new CEO and is also looking to make strategic divestments as it works to improve its results and focus on it core strengths, the post seems to be one of the lynchpin leadership roles in its current strategy aims.

He’ll now be responsible for implementing the ongoing investment strategy as well as continuing to manage acquisitions and disposals.

CEO Matthew Roberts said he’s “a very talented and experienced real estate investment practitioner who has played a vital role in our successful capital recycling over recent years. 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.”

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