Cushman & Wakefield in India has launched debt financing services through its capital markets division.
With this, the current portfolio of financial services is expanded to include both private and public sector bank funding as well as investment sales.
Cushman & Wakefield Debt Financing services will include debt syndication, private placement of debt capital products, acquisition financing, refinancing and trade credit advisory. It will service real estate requirements across sectors, including infrastructure, engineering procurement & construction (EPC), hospitality, healthcare, and education, amongst others.
Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield, said, “This widened capability in debt and equity advisory is in addition to our traditional capital markets and land industrial activities.”
“It is estimated that debt worth over $24 billion has been loaned out to the real estate and development sector and is expected to rise moderately by the end of FY 13,” he said.