CBRE to Expand Its Portfolio & Strengthen Government Advisory Business

BY Realty Plus

CBRE South Asia Pvt. Ltd, plans to strengthen government business advisory in the Consulting and Valuation (C&V) business vertical. Over the next two years, CBRE will enhance its infrastructure advisory, healthcare and education portfolio in government advisory business. CBRE’s C&V business segment has been clocking a 25% Y-o-Y growth consecutively for the past five years and commands the highest market share of 35%, with portfolio management worth US$ 25 bn to date. CBRE aims to double the advisory team size to over 600 by next 24 months. The team expansion is aimed at strengthening the footprint across India, adding over 20 cities to the business portfolio.

C&V government advisory vertical, to date, has successfully offered services to over 1000 government and private sector clients in firming up real estate strategies, investment, and financial decision-making, including design, due diligence, master planning and workplace strategies.  The team, in the last 7 years, has successfully advised on city-side of 10+ airports with a total development cost of approx. INR 1,00,000 Cr. The government advisory team also has a close partnership with the Ministry of Railways and has effectively counselled on over 50 railway stations across India. CBRE has been the only consulting firm to have advised on two government-planned film city projects in India, pivotal for the growth of media & entertainment industry in India.

CBRE has collaborated with the government sector and has undertaken more than 250 assignments in the domain of bid process management, transaction advisory, policy formulation, feasibility studies, PPP structuring, vision and economic planning, etc. This dedicated vertical for undertaking Government and Public sector mandates recently crossed the coveted milestone of having provided services in 100 top cities across 24 states in India. These advisory projects have been undertaken in specialized areas, such as urban infrastructure, tourism, airports, railway stations, bus terminals, MMLPs, warehouses, Industrial parks, housing, theme parks, large-scale greenfield cities & townships, etc. It is estimated that C&V business activity would see a surge in tier 2 & 3 cities, where the growing economic significance and infrastructure development are expected to shape up.  The expansion to new cities intends to address the increasing need for quality real estate solutions led by diversified sectoral growth of the Indian economy, including manufacturing and services sectors.

Anshuman Magazine, Chairman & CEO, India, South East Asia, Middle East & Africa, CBRE, said, “We continue to be recognized as leaders in the commercial real estate consulting and valuation space. CBRE’s ethos to conduct business with the highest integrity and quality to deliver exceptional outcomes for all stakeholders sets us apart. Our consulting and valuation team provides strategic solutions that make real estate decisions more productive, sustainable and economically optimal for our clients. Taking this further, we anticipate this business line to grow by 50% in the next two years”.

 “As a leader in Consulting and Valuation services, CBRE’s deep market intelligence, trusted relationships and seamless execution helps maximize returns for our clients in every sector and geography. Expansion of CBRE C&V team along with portfolio offerings will enable us to lead the industry and drive superior performance for our clients consistently”, added Rami Kaushal, Managing Director, Consulting & Valuation Services, India, Middle East & Africa.

Further, CBRE would also expand its suite of services, including predictive data analytical solutions, live, real-time tracking of investment monitoring solutions, and interactive dashboards for lenders and investors. These solutions would assist them in reviewing and assess the health of their portfolio on a real-time basis. It would also help them to identify any potential red flags that may arise in the projects and timely implement effective solutions to mitigate the challenge.

C&V’s multi-capability team covers all key regions in India and South Asia, providing diversified solutions across traditional real estate sectors (residential, commercial, retail, hospitality, industrial and logistics) and emerging segments (data centers, coworking, student housing, senior living, life sciences, education, and healthcare). The C&V business team has been advisors on projects accounting for more than 70% of capital flows recorded in the county in the real estate and allied sectors consistently over the last decade.

CBRE’s key business achievement in 2022 includes: Crossed milestone of valuing over 200,000 properties.  Expanded presence to Tier 2 markets like Jaipur and Coimbatore. Technological advancements made by adopting cutting edge valuation software solutions – TOPS implemented across key cities in India. Largest residential segment in the country and has advised on market & technical diligences, feasibilities, product and sales and marketing strategies for over 500+ residential sites and projects.

Tags : CBRE South Asia Pvt. Ltd plan government business advisory Consulting and Valuation business vertical infrastructure advisory healthcare education portfolio services real estate strategies investment Anshuman Magazine Chairman & CEO India South East Asia Middle East & Africa CBRE Rami Kaushal Managing Director Consulting & Valuation Services India Middle East & Africa