In order to leverage the high potential of emerging alternate asset classes, international property consultancies are offering specialised services in these underserved segments. CBRE, India’s leading real estate consulting firm, has launched business services to support health and education real estate services , offering significant growth potential and investment opportunities.
CBRE plans to strengthen the function, with an aim to capture the dominant market position in the relatively large, and underserved sectors.
The sectors are expected to witness significant growth, with healthcare expected to reach US $400 billion by 2023, and education sector amounting to US $225 billion by FY2025. Several factors are driving the growth within these sectors, including a growing middle class, an increased emphasis on public-private partnerships as well as accelerated adoption of digital technologies, including telemedicine, ed-tech – along with increased FDI inflows over the last two decades.
With cities like Delhi, Mumbai, Hyderabad, Pune, Bengaluru, Kolkata and Chennai expected to fuel further expansion, CBRE plans to offer diversified, best-in-class services that will help reimaged real estate deliverables expected by key businesses within these domains. The specialist team will provide strategic advisory, market analysis, feasibility studies and valuations, as well as transactional services.
Keeping top seven cities as priority, the service offerings will help deliver superior outcomes to full-service hospitals, single speciality players and diagnostic, wellness, pharma and health-tech players.
With education being one of the key focus area on India’s national agenda, CBRE aims to offer clients comprehensive and value-based solutions that span the entire life cycle of their real estate asset. CBRE plans to combine real estate advisory services and education sector expertise into a full-service integrated offering at every asset scale and market position.
The healthcare and education verticals will support clients in providing exceptional services and achieving greater financial efficiencies.
CBRE will offer strategic advantage to educational entities with tailored account management approaches for variable solutions that aid the growing demands for digitization and collaboration.