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Anarock Expands Global Footprint with Strategic U.S. Appointment to Strengthen Commercial Leasing and Advisory Division

By Manbir Sandhu , 12 April 2025
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Anarock Group, a prominent player in India’s real estate consulting space, has appointed Vik Lulla as Executive Vice President – Commercial Leasing & Advisory, USA, marking a significant step in the firm’s international growth strategy. Based in San Francisco, Lulla brings over 25 years of leadership experience in global commercial real estate, including his previous role as President of Knight Frank’s U.S. operations. His appointment aligns with Anarock’s broader vision to scale its commercial advisory practice, expand internationally, and provide bespoke, insight-driven solutions for developers and corporate clients across key global markets.

 

Strategic Appointment to Strengthen U.S. Presence

Anarock’s decision to appoint Vik Lulla as Executive Vice President is a clear signal of its intent to aggressively grow its international footprint. Lulla will spearhead the firm’s commercial leasing and advisory operations in the United States, a key market for cross-border real estate investment and corporate expansion strategies. With a base in San Francisco, Lulla will be instrumental in driving U.S.-India investment flows and facilitating advisory services for Fortune 500 clients seeking Indian market access or expansion support.

Vik Lulla Brings Global Expertise and Leadership to Anarock

Lulla’s background includes more than two decades in leadership roles, with deep specialization in commercial real estate transactions, corporate advisory, and strategic expansion. His previous role as President at Knight Frank Corporate Real Estate Services (US) involved overseeing complex leasing transactions, strategic portfolio advisory, and market expansion for multinational clients. His appointment is expected to elevate Anarock’s advisory capabilities and open doors to strategic partnerships and high-value transactions in North America.

Anarock’s Commercial Advisory Business: A Rapid Growth Story

Anarock entered the commercial leasing and advisory domain in April of the previous year, and within a short span, the vertical has gained traction with both real estate developers and corporate occupiers. The company’s focus on “advisory-led, insight-driven solutions” rather than standard recommendations has helped distinguish its value proposition in a competitive landscape. Peush Jain, Managing Director of the Commercial Leasing & Advisory division, noted the positive market response and emphasized the firm’s plans to scale up operations both in terms of team size and geographic reach.

“Our goal is to build a team of over 100 professionals this year,”> Jain stated, citing strong demand for specialized advisory in India’s dynamic commercial real estate sector.

Expansion into Middle East and Southeast Asia

In addition to the United States, Anarock is preparing to launch office teams in the Middle East and Singapore—two strategic markets that serve as global business hubs and significant sources of investment into Indian real estate. These locations will support multinational firms looking to establish or expand their footprint in India’s rapidly growing commercial and office sectors. This international push aligns with India’s position as one of the most attractive destinations for commercial real estate investment in Asiaespecially as global firms continue to adopt hybrid work models and diversify their operational footprints.

Implications for the Stock and Real Estate Advisory Markets

While Anarock is a privately held firm and not currently listed on public stock exchanges, its continued expansion signals increasing investor and institutional interest in Indian commercial real estate. The appointment of seasoned professionals like Vik Lulla enhances the firm’s credibility and may catalyze further investor confidence, particularly among international players. India’s commercial real estate market has shown resilience post-pandemic, with demand for office spaces, logistics hubs, and co-working infrastructure continuing to rise. Anarock’s growth strategy reflects this momentum and reinforces the importance of expert advisory services in navigating evolving market dynamics.

Conclusion: A Calculated Step Towards Global Advisory Leadership

Anarock’s appointment of Vik Lulla and its expansion into key international markets marks a transformative phase for the company. By aligning with global talent and establishing a presence in economic hubs such as the U.S., Middle East, and Singapore, Anarock is well-positioned to serve as a trusted advisor to corporations navigating complex real estate strategies. This move not only strengthens the firm’s commercial advisory capabilities but also underscores the growing international confidence in India’s real estate ecosystem, a sector that is becoming increasingly central to the global business landscape.

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