CBRE South Asia has launched specialised business services to support healthcare and education real estate services in India, offering significant growth potential and investment opportunities.
The sectors are expected to witness significant growth, with healthcare expected to reach US $400 billion by 2023, and education sector to amount 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.
“We are witnessing considerable interest in both the healthcare and education sectors with substantial growth projected over the next decade,” said Anshuman Magazine, chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE.
From advisory and transaction to portfolio optimization, risk mitigation, and benchmarking operations – CBRE is committed to support clients deliver outstanding patient experiences in safe, engaging & high-performing environments.
“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.” said Ram Chandnani, MD, advisory & transactions services, CBRE India.
“Our focus on the healthcare and education sectors will support clients in providing exceptional services and achieving greater financial efficiencies. Taking the lead on these specialized services, I’m positive we’ll continue to add further value to the business, and to all relevant stakeholders.” said Peush Jain, senior ED, investment sales, health care & education, CBRE India.
Drawing upon CBRE’s expertise in consulting, research and analysis, site selection, project management and facilities management, CBRE will enable investors and clients in the sector to secure strategic locations, lower occupancy costs and increase market presence.
CBRE has already managed over 19 million sq. ft., and over 10 million sq. ft. in the healthcare and education domain respectively – servicing over 50 clients each.