News
CBRE’s Consulting and Valuation business division to expand its portfolio and strengthen government advisory business by doubling the team size
New Delhi, May 29, 2023: CBRE South Asia Pvt. Ltd, on Monday said it 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.
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.
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