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Ashish Manchharam

Founder & CEO, 8M Real Estate

Ashish Manchharam is a prominent figure in the real estate investment sector, recognized for founding 8M Real Estate, a boutique investment management company based in Singapore. Established in 2014, 8M focused on redeveloping conservation shophouses into modern office and retail spaces, while also managing a collection of boutique hotels under the 8M Collective brand. Under his leadership, the company amassed a portfolio valued at approximately $1.5 billion before he exited in 2023 following a buyout by Crane Capital.134

Education and Early Career

Manchharam's educational background includes a Bachelor's degree in Economics and Political Science from the University of Rochester (1995-1999) and earlier schooling at notable institutions such as Anglo-Chinese School and Kingswood School in the UK.1 Prior to founding 8M, he spent over 12 years at Jones Lang LaSalle (JLL), where he served as the Head of Investments for Southeast Asia.3

Leadership at 8M

As CEO, Manchharam emphasized transparency and adaptability in leadership, particularly during challenging times such as the COVID-19 pandemic. He implemented strategies to support both tenants and employees, including rental rebates and flexible work arrangements.2 His innovative approach helped navigate the firm through significant market disruptions.

Recent Developments

In early 2024, after exiting 8M, Manchharam founded Elevate Capital, focusing on lifestyle-driven real estate investments. He has also taken on an advisory role at Cove, a flexible living platform, where he is tasked with guiding asset acquisitions in collaboration with third-party investors.46 His ongoing commitment to real estate innovation continues to shape his career trajectory as he explores new opportunities within the industry.5

Highlights

Singapore's Cove Strengthens Board with Appointment of ...
Oct 10 · mingtiandi.com
Crane Capital Buys Out Singapore Shophouse Specialist 8M

Related Questions

What inspired Ashish Manchharam to start 8M?
How did Ashish Manchharam's experience at Jones Lang LaSalle influence his approach at 8M?
What are some of the key challenges Ashish Manchharam faced while running 8M?
How did Ashish Manchharam's leadership style help 8M navigate the COVID-19 pandemic?
What are the future plans for Ashish Manchharam after selling 8M to Crane Capital?
Ashish Manchharam
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Location

Singapore