CBRE Capital Markets controls 50% market
CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm today announced details of the business volume generated by its Capital Markets team and established itself as the number one team in its domain with a 50% market share.
With a comprehensive suite of services such as Capital Raising, Land Services including land sales, joint developments and development management agreements; Core Asset Sales, HNI and Family Office Advisory and Advisory to Fund Portfolios, the Capital Markets team helped its clients through a range of transactions such as Investment Sales, Foreign Investment (FDI), Structured Debt, Construction Financing and LRDs, Equity Placement, Core Asset Sales, etc.
Of a total investment of USD 4.7 billion in Commercial Real Estate (CRE) in 2018, transactions worth over USD 2 billion were executed by CBRE’s Capital Markets team.
Commenting on this achievement Anshuman Magazine, Chairman and Chief Executive Officer (India, South-East Asia, Middle East and Africa), CBRE said, “The Capital Markets team has successfully positioned itself as an integrated capital solutions provider – offering Capital Raising, Land, HNI Advisory and Core Office Acquisition/Divestment Services. The business reached an all-time high in 2018 and reinforced its number one position for Land and Capital Markets for the third consecutive year in India.”
Talking about the overall performance of Capital Markets in 2018, Gaurav Kumar, MD & Co-Head Capital Markets, CBRE said, “The previous year also marked our expansion in key geographies in the country. We successfully executed some key transactions which helped us strengthen CBRE’s leadership position in this domain.”
The Capital Markets team has significantly contributed to the industry’s growth by arranging crucial capital requirements and has successfully positioned itself as a one-stop solution for all capital and investment needs of the commercial real estate industry.
“2018 was a very successful year for CBRE; our growth has maintained a consistent positive trend and Capital Markets has significantly contributed towards it. We foresee strong growth in the coming years as well,” said Nikhil Bhatia, MD & Co-Head Capital Markets, CBRE.
The Capital Markets team in 2018 advised on some marquee real estate investment advisory deals in India and succeeded in maintaining its number one position.
Speaking about the performance of the real estate industry in the country, Bhatia said, “Investment momentum for the overall real estate sector is expected to witness an up-tick from previous years. CBRE’s expertise in providing advice, qualitative and quantitative analysis and exceptional execution capabilities for alternative capital solutions for corporate owned and occupied real estate is a push towards these investments.”
Speaking about the expected trends among capital providers in 2019, Kumar said, “The present year is expected to see an increase in institutional equity investments in office and retail developments, boutique transactions in hospitality and sustained activity in land acquisitions and land JDAs and JVs.”
He further added that increasing focus on due diligence in the market will lead to improved loan quality, but may result in rising costs as well.