A civil engineer and established entrepreneur whose career spans over four decades, Sankey Prasad is an eminent leader in the real estate and construction industry. Beginning his professional journey back in 1983, he garnered rich and comprehensive industry experience over the next two decades by working with leading real estate players in India and overseas. He founded Synergy Property Development Services in 2003, which grew to be the largest project management firm in the country.
Synergy's growing presence and Sankey's credibility as a trusted leader led to leading US-based investment firm, Blackstone Inc., announcing an $18 million investment in the company, in 2008. The global private equity conglomerate held a 35% stake in Synergy, its first real estate investment in India. Following Colliers International’s acquisition of Synergy in 2019, Sankey was appointed Chairman & Managing Director for Colliers India. The firm transacts, builds and manages real estate assets for investors, occupiers and developers, and Sankey carries out the pivotal role of driving strategy and growth for the Indian market. He leads a team of 3000+ professionals who provide specialized real estate services including office transactions, capital markets, facilities management, valuation & advisory services, land investments, design & build, technical due diligence, and corporate fitout services.
A visionary leader who empowers and inspires, the firm has recorded a staggering 30% year-on-year growth, captured higher market share and strengthened its position in the industry under his leadership. Sankey has been instrumental in nurturing new and existing business relations that have resulted in higher visibility and enhanced profitability for Colliers India. An enterprising mindset is embedded in the firm’s DNA and a culture of innovation and learning lies at its core. Sankey has led transcendent change for the firm, and over the past four years, Colliers India has diversified into new segments, expanded its capabilities, adopted and developed cutting-edge technologies, implemented global best practices, and delivered more than 130 million sqft of real estate development across the Indian subcontinent.
Owing to his long-standing business relations, profound understanding of the construction and real estate realm, and unmatched entrepreneurial capabilities, his leadership role was expanded in January 2024 to include the Middle Eastern region. He now serves as the Chairman & Managing Director, India and Middle East Colliers Project Leaders, wherein along with overseeing the India business, he is responsible for the growth and expansion of the Colliers brand in the Middle East and North Africa (MENA) market.
The recipient of several accolades and awards, Sankey is a trusted leader recognized for his integrity, humility, and ability to meet the complex, ever-evolving needs of the market with strategic and leading-edge solutions.