Panattoni, one of the world's largest industrial real estate developers, has appointed Dilip Kumar as Director, Capital Markets for its India operations.

The firm has recently marked its debut in Asia by establishing its first operations in India and is headquartered in Bengaluru.

Dilip’s appointment comes at a time when Panattoni aims to fast-track the brand journey in the market. He will be responsible for the capital markets, specifically for raising equity and managing investor relations at Panattoni India.

With over 16 years of experience across the value creation chain, Dilip's expertise includes capitalization of real estate projects, managing global investor relationships and transactions, origination of deals, setting-up real estate platforms, and sourcing new joint venture partners.

Prior to joining Panattoni India, he was associated with Prestige Group as Senior AGM, Investor Relations. He has also worked in External Credit Rating Agency and Deutsche Bank, London.

Sandeep Chanda, Managing Director India, Panattoni, said, "We are pleased to welcome Dilip Kumar as Director, Capital Markets for Panattoni India. Dilip's multitude of experience and strong track record makes him an integral part of our team and will further our vision for the Indian market. With his result-driven professionalism, we look forward to formulating innovative, customer-focused strategies at par with our international counterparts."

Over the span of his career, Dilip has concluded various real estate deals and raised multi-million dollars in institutional capital.

"It gives me immense pleasure to start this new journey with Panattoni. The current demand witnessed in India's industrial warehousing and logistics sector has been massive, and there is an increased preference for high-quality services. It's an exciting and crucial time for the company in the Indian market. I look forward to working with the Panattoni leadership team and providing strategic impetus to strengthening the company’s foothold in the market,” said Kumar.

Panattoni, one of the largest industrial real estate developers in the world, plans to invest over $200 million in the India market by the end of the ongoing fiscal year.

The company plans to partner with global institutional investors to facilitate the deployment of capital directly in the fast-expanding Indian industrial and warehouse market.