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CBRE has appointed Nikhil Shah as Senior Executive Director, Hotels & Hospitality, Capital Markets, India, strengthening its advisory capabilities in the country's hospitality investment segment. The announcement, made in the past week, places Shah in Mumbai, where he will focus on transaction execution and client advisory across hotel assets. With nearly two decades of experience in hospitality investments, banking, and private equity, he has been involved in complex, high-value transactions across asset classes. His role will include advising on investment opportunities and supporting portfolio expansion strategies. The appointment aligns with CBRE's broader Asia Pacific strategy to deepen its hotels and hospitality platform and enhance integration between regional capital markets and sector-focused teams.
CBRE Group has appointed Nikhil Shah as Senior Executive Director, Hotels & Hospitality, Capital Markets, India, with the appointment announced in the past week as part of the firm's efforts to strengthen its advisory capabilities in the hospitality investment segment.
Based in Mumbai, Shah will be responsible for driving transaction execution and client advisory across hotel and hospitality assets in India. His mandate includes supporting investors and operators in evaluating opportunities, structuring transactions, and scaling hospitality portfolios in a market that has seen renewed investor interest in recent years.
Shah brings close to two decades of experience across hospitality investment, banking, and private equity. Over the course of his career, he has been involved in building transaction platforms and executing complex deals across multiple asset classes, with a focus on high-value investments. His background in capital raising and structured transactions is expected to support CBRE's positioning in the hospitality advisory segment.
The appointment is aligned with CBRE's broader regional strategy to expand its Hotels & Hospitality platform across Asia Pacific. The company has been strengthening its sector-specific advisory capabilities to cater to institutional investors, hotel operators, and private equity participants seeking exposure to hospitality assets in emerging and established markets.
In his new role, Shah will work closely with the Capital Markets team in India as well as the firm's dedicated Hotels & Hospitality division across the Asia Pacific region. The integration is intended to facilitate coordinated transaction execution, cross-border deal flow, and improved client servicing for hospitality assets.
Steve Carroll indicated that the appointment reflects the firm's focus on expanding its hospitality business across the region. He stated that Shah's experience would strengthen collaboration between capital markets and sector-focused teams, enabling more streamlined execution and enhanced support for clients operating in the hospitality sector.
The hospitality real estate segment in India has been witnessing increased investor activity, supported by improving occupancy levels, recovery in travel demand, and growing interest from institutional capital. Advisory firms have been expanding specialised teams to capture opportunities in hotel acquisitions, portfolio transactions, and asset repositioning strategies.
CBRE's move to onboard senior leadership in this segment underscores the growing importance of hospitality within the broader real estate investment landscape. The company is expected to leverage Shah's experience to deepen its engagement with investors and operators seeking structured advisory support in hotel transactions.
The appointment also highlights a continued focus on strengthening local leadership while aligning with regional strategy, particularly in sectors where cross-border capital flows and operational expertise play a significant role in deal execution.
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