JLL promotes Sandeep Sethi to Asia Pacific division president for work dynamics

Sandeep Sethi has been appointed Division President of JLLs’ Work Dynamics in Asia Pacific. This business unit delivers services spanning the full real estate life cycle for occupiers, such as facilities management, construction management services, workplace consulting, and lease transaction management.

Sethi has been with JLL for 10 years and spent the past 27 years in the corporate sector, in which time he forged deep client relationships and grew the work dynamics business to manage over 160 million sq ft of office space in India, Sri Lanka, Mauritius, and Bangladesh.

In his new role, he also has responsibility for the North Asia market, overseeing services delivered to clients in mainland China and Hong Kong. Based in Gurgaon, Sethi will report to JLL’s CEO for Work Dynamics in Asia Pacific, Susheel Koul.

Koul commented on the appointment, “Sandeep is an established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate. His appointment reinforces JLL’s commitment to developing and elevating our people to serve our rapidly diversifying client base across Asia Pacific.”

The appointment comes as JLL’s Asia Pacific real estate investments report a 27% year-on-year decrease due to rate hikes and a cooling sentiment. However, investment professionals are expecting to find more opportunistic deals in 2023, and Cushman & Wakefield recently made some senior leadership promotions across the region.