Siddharth Sahgal has been appointed as Chief Managing Officer at the mall advisory company Beyond Squarefeet. Sahgal has over 19 years of experience in fashion retail, leisure, F&B, amusement, travel retail (airports) and export apparel manufacturing segments. Prior to joining Beyond Squarefeet, his last assignment was with Pioneer Property Zone as a Director – Mall Management.
Holding a business degree in International Business & Finance from Sydney Graduate School of Management, he has held positions in areas of consulting, strategy, research and analysis, operations, innovation, wealth creation and business development in companies such as Globus, Future Group, Lakewood Malls, Mumbai International Airports/GVK and Travel Food Services.
Commenting on the appointment, Sahgal said: “A professional mall management is the key to success for any mall; the focus has to remain on the asset enhancement, rather than just executing property management, which most mall management companies do today. Beyond Squarefeet believes in creating that “value add” to the asset in a scientific manner with a practical approach, for maximum returns to the developer and our retail partners, in turn optimising the asset value, while creating community centres to give back to society. I am excited and looking forward to this new and challenging role at Beyond Squarefeet.”
Speaking on the development, Susil Dungarwal, Chief Mall Mechanic, Beyond Squarefeet, said: “Mall management would be a focal point of growth for us, apart from the mall advisory services, we currently manage. Siddharth would be responsible and accountable for the entire Mall (Asset) Management vertical. His exposure to malls and retail previously befits our talent pool, which has been the key strength of our success till date.”
With over 300 malls operational and over 500 under construction/development, mall management is a sought after service by most mall developers.
Beyond Squarefeet provides solutions in mall conceptualisation, positioning, marketing and leasing, facility and management and re-orientation. The company has managed mall development and operations of more than 40 million sq.ft. across India. It currently hand holds 19 malls spread over 10 million sq.ft. across India and Nepal. Some of the current projects of Beyond Squarefeet include Oberon mall (Cochin), DLF Mall of India (Noida), Logix City Centre(Noida), Omaxe Connaught place (Greater Noida), Aashima mall (Bhopal), Lonavala Square (Lonavala), Gokulam Galleria (Calicut, Kerala), RP mall (Kollam, Kerala), K10 mall (Jalna), an un-named mix-use project in Thrissur, CG malls and CG Retail across Nepal. Past projects of the company include LULU International Shopping mall (Cochin, Kerala), Neptune Magnet mall (Mumbai), Bergamo (Chennai), Moments mall (Delhi), and Parco mall (Doha, Qatar).