Indian-American real estate executive may join Trump administration

Washington, November 29

US President-elect Donald Trump has met a top Indian-American real estate executive amid reports of him joining the new administration.

Sandeep Mathrani, 54, the Chief Executive Officer of General Growth Properties, met the President-elect at the Trump Towers in New York on Monday.

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The presidential transition team, except for announcing the scheduled meeting, did not issue a read-out of the meeting Trump had with Mathrani, real estate executive from Chicago, the hometown of outgoing President Barack Obama.

Local media reports speculated that Mathrani could join the Trump administration.

According to Chicago Business, Mathrani earned USD 39.2 million last year, more than any other CEO of a US real estate investment trust.

Mathrani joined General Growth in 2011.

With a market capitalisation of nearly USD 23 billion, General Growth is the second biggest mall owner in the country. PTI