Sankey Prasad Takes Full Ownership of Colliers Project Leaders Middle East

Sankey Prasad has acquired 100% ownership of the Colliers Project Leaders (CPL) business in the Middle East and will now serve as Chairman of the newly independent entity. The company is already in advanced discussions with a major global private equity firm for a strategic partnership, reflecting strong investor confidence in its growth prospects from day one.

The acquisition follows Prasad’s complete exit from Colliers India and Colliers Project Leaders, where he previously served as Chairman and Managing Director. Under his five-year leadership, Colliers India recorded robust double-digit EBITDA growth and became one of the top-performing regions in 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.