India/ UAE, Dec 8: Sankey Prasad, a seasoned real estate entrepreneur and advisor with a four-decade track record spanning a global portfolio, has acquired 100% ownership of the Colliers Project Leaders (CPL) business in the Middle East. With this acquisition, he assumes the role of Chairman of the newly-independent entity. It is in advanced-stage discussions with a leading global private equity firm for a strategic partnership, signalling strong investor confidence in its growth potential from its inception
This move follows Prasad’s complete exit from Colliers India and Colliers Project Leaders, where he served as Chairman & Managing Director. During his five-year stewardship, Colliers India achieved a remarkable double-digit growth in EBITDA, emerging as one of the strongest and most successful regional performers within the global Colliers network.
Prior to this acquisition, Prasad held a 30% stake in CPL Middle East. By acquiring the remaining 70% equity, he now owns the business outright. As a company, CPL is long regarded as a key business segment under Colliers International and has historically led project management and development advisory mandates across the region. The parent company Colliers International currently carries a market capitalization of ~USD 7.2 billion.
Under full private ownership, the newly-formed entity will operate independently under Prasad’s strategic direction. This transition positions the firm to capitalize more nimbly on the region’s rapidly evolving real estate and infrastructure demand, across sectors such as mixed-use developments, hospitality, industrial, commercial, and large-scale capital projects. The move also ensures continuity for existing clients and teams while enabling a sharper, market-responsive growth trajectory.
The acquisition aligns with Prasad’s broader vision to build a global portfolio of high-impact advisory and project leadership businesses. With this consolidation, he continues to expand his global footprint, guided by decades of experience, strategic insight, and a commitment to delivery excellence.
