DTZ India's Restructuring Initiative to Drive Business Growth and Augment Customer Service

NEW DELHI, July 4, 2013 /PRNewswire/ --

- Anuj Nangpal and Aniruddh Wahal Elevated as Managing Directors to Head Investor Services and Occupier Services, Transactions Respectively

- Karun Varma Appointed as Managing Director, Strategic Client Services and New Businesses. Prior to DTZ, he was Serving as Managing Director - South India for Jones Lang La Salle

- Shashi Bushan Appointed as Managing Director, Project Management Services (Fitouts). Prior to DTZ, he was With Johnson Controls India Pvt. Ltd. as Director and Head - Projects India and Director - Operations (Quality) - Asia Pacific

To strengthen long-term competitiveness and deliver a stronger and more differentiated client servicing experience, DTZ has announced a new company structure for its real estate business operations in India. The new structure will have three client groups comprising Occupiers, Investors and Developers at the nucleus of its structure and an overarching Strategic Client Service organisation to augment customer experience.

Portfolio of services that DTZ offers will include transactions (corporate leasing), project management (corporate interiors and fitouts), base build development, facilities management, private and institutional investments (private equity and debt), valuations, consulting, land advisory and research services for a diverse set of clients.

"In addition to extending our footprint in the Indian real estate consulting market, we are decisively moving to respond faster to growth opportunities we expect in the sector," says Anshul Jain, Chief Executive for DTZ-India. "As is with any forward looking company, our new organizational structure is designed to speed up service delivery and accelerate growth, both short-term and longer-term. We believe that this will allow us to build stronger network and service basket - a portfolio of integrated services tailored for client needs that will establish DTZ as the standout provider of professional real estate services in India."

Investor 

Anuj Nangpal, Managing Director will provide executive leadership to the investor client segment with a focus on broad basing the offering to institutional and retail investors and opportunities to service them with the entire gamut of services that DTZ offers. In addition, he will also focus on incubating a new offering - 'Market Intelligence Services' - which will focus on serving client need for data and analytics.

Occupiers

Aniruddh Wahal, Managing Director will provide executive leadership to the occupier client segment with focus on providing real estate solutions to the occupier clients in India and ensure occupier solutions cover the full spectrum of tenant needs.

Project Management Services

Shashi Bushan as Managing Director, Project Management Services (Fitouts) will oversee the entire fit-out and project management services across three client segments in India. Prior to joining DTZ, Mr. Bushan was Director and Head - Projects India and Director - Operations, Asia Pacific with Johnson Controls India Pvt. Ltd. He has over 13 years of experience in delivering business solutions to a diverse range of clients across a wide range of sectors.

Strategic Client Services and New Businesses

Karun Varma as Managing Director, Strategic Client Services and New Businesses will complement the three core client segments by developing new businesses on one end and simultaneously providing integrated real estate services to key CRM clients. Mr. Varma was formerly the Managing Director of Jones Lang LaSalle India's South (Karnataka & Kerala) Region and has significant experience in handling P&L of transaction businesses across office, retail, residential and capital markets.

About DTZ

DTZ, a UGL company, is a global leader in property services. We provide occupiers and investors around the world with industry leading, end-to-end property solutions comprised of leasing agency and brokerage, integrated property and facilities management, capital markets, investment and asset management, valuation, building consultancy and project management. In addition, our award-winning research and consulting services provide our clients with global and local market knowledge, forecasting and trend analysis to make the best long-term decisions for their continuous success far into the future. DTZ has 47,000 employees including sub-contractors, operating across 208 offices in 52 countries. For further information, visit: http://www.dtz.com

About UGL Limited ABN 85 009 180 287

UGL Limited (ASX: UGL) is a global leader in outsourced engineering, property services and asset management and maintenance delivering essential services that sustain and enhance the environment in which we live. UGL comprises three business units including engineering, operations & maintenance and property providing services across the power, water, rail, resources, transport, communications, defence and property sectors. Headquartered in Sydney, Australia, UGL operates worldwide across 52 countries employing over 56,000 people.

For more information, visit: http://www.ugllimited.com

Primary Media Contact: Ruchika Rana, [email protected], 91-124-4597517

Secondary Media Contact: Suhas Tadas, [email protected]