Mr Aloke BHUNIYA
Chief Executive Officer, India Logistics
Mr Aloke Bhuniya is the Chief Executive Officer of the Ascendas-Firstspace platform. Aloke brings with him 17 years of experience across Real Estate Investment & Development, Private Equity and M&A Transactions across industries in India.
Previously, Aloke spent over 9 years in Everstone group, managing the various initiatives of the group in real estate, which included IndoSpace and Everstone Capital. As Managing Director of IndoSpace Capital Advisors, Aloke was responsible for investment to develop Industrial Real Estate in India. His responsibilities included identifying investment opportunities, monitoring developments, achieving financial closure and exiting projects after development and leasing. In his stint of over 6 years in IndoSpace, Aloke managed developments of over 4.5 million sq ft of industrial parks and committed over USD 300 million of equity for development of about 14 million sq ft, at a total project cost of over USD 1.0 billion.
In Everstone Capital, Aloke invested over USD 300 million equity for development of mixed-use Real Estate projects, encompassing development of about 12 million sq ft of projects involving a total capital outlay of about USD 1.0 billion. Aloke has also worked for over 6 years in Ernst & Young and SBI Capital Markets in their investment banking practice, which included fund raising, acquisitions, takeovers and divestments. He was involved in over 20 transactions across industry verticals involving domestic as well as international companies.
Aloke is a Graduate in Mechanical Engineering from Jadavpur University and holds a Post Graduate Diploma in Management from Indian Institute of Management Bangalore.