Bangalore: Property advisory Cushman and Wakefield on Thursday said it has started offering debt financing services under its capital markets division.

Debt financing services will include debt syndication, private placement of debt capital products, acquisition financing, refinancing, high-yield financing and trade credit advisory, the company said in a statement. It will offer these services to developers as well as for real estate requirements across sectors.

The government’s moves to tighten regulations on lending to real estate companies or projects and discourage speculative investment have “led to a severe shortage of funding options," said Sanjay Dutt, executive managing director, South Asia, Cushman and Wakefield.

“While private equity and investments from HNIs (high net worth individuals) have their limitations, financing from domestic Institutional investors is a very viable option," he said. “Public sector financial institutions can provide debt at lower rates as well as for longer periods, which makes them an attractive option. However, such financing is also sceptical about the project that they enter."

Other property advisers have been offering similar services.

“We have been offering structured financing services for developers from private equity funds and NBFCs (non-banking financial companies) for a long time," said Ambar Maheshwari, managing director, corporate finance, Jones Lang LaSalle India, another real estate consultancy.

Close