IMMO has appointed Sandeep Bordia as its chief investment strategist and head of research.
Bordia brings more than 20 years’ industry experience to the tech-enabled, vertically integrated residential platform, and spent nearly eight years at real estate investment, development and operating platform Amherst Group.
Bordia said: “My position at IMMO is a hugely exciting one, both personally and professionally. The European real estate market differs significantly to the US, owing to factors like disparate jurisdictions, lower availability of data and less homogeneity, but it’s a challenge that together with the exceptional IMMO team, I’m confident we can overcome. There is huge potential to establish granular residential as an asset class in Europe.”
Gigi Zappel, founder and CEO at IMMO, added: “We are delighted to welcome Sandeep, a leading figure in single-family residential, and see his appointment as a significant milestone in our continued growth journey. Sandeep has been at the heart of Amherst’s success in reimagining the most fragmented and inefficient areas of the US real estate market through proprietary technology and a commitment to revolutionising an archaic industry. As we seek to unlock this new asset class in Europe by using data-driven investment insights to acquire properties at scale, we are incredibly excited to be able to partner with Sandeep.”
