Structured credit solutions to the real estate sector in India by KKR and GIC.

Q: KKR and GIC partner for real estate structured lending in India.

Abhijit Thanki, Mumbai

13th January 2015

Real estate News in Mumbai

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As far as company is concerned, KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation at the asset level.

Deepankar Godbole, Mumbai

15th January 2015

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Whereas in private equity, KKR has been active in India since 2006, with total equity investments exceeding US$1.5 billion.

Since launching a dedicated real estate platform in 2011, KKR has committed over US$1.8 billion of equity to 29 real estate transactions in the US, Europe and Asia.

Deepankar Godbole, Mumbai

14th January 2015

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KKr's aim to provide companies with value beyond capital alone in a way that is best suited to their needs. This real estate NBFC is their newest platform to achieve their goal in supporting good management teams to help their companies grow.
During 2014, KKR started the real estate business in India by structuring and participating in three transactions with an aggregate amount of approximately US$190 million.

Praveen Modi, Mumbai

14th January 2015

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KKR has elaborate more than US$2 billion of structured financing to 21 business groups in India through its credit and capital markets business.
This sector-focused NBFC further enables KKR to provide tailored financing solutions to companies, and adds to their established private equity and lending businesses in India.

Deepankar Godbole, Mumbai

13th January 2015

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Do you know that this is KKRs second NBFC in India. Through its first, KKR expanded its capabilities to provide solutions across the capital structure. KKR has seen that India's large and growing business community welcomes non-traditional companies that allow companies to tap into a more sophisticated capital markets system and provide them with greater choice beyond traditional equity or bank loans.

Praveen Modi, Mumbai

13th January 2015

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While many lenders provide debt to this sector, there is a need for solution-oriented, non-dilutive capital for property developers. They have the intention to fill that gap and contribute to the continued development of India's residential and commercial real estate sectors.

Deepankar Godbole, Mumbai

13th January 2015

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Yes, Global Head of KKR Real Estate, Ralph Rosenberg said that the launch of the India-focused NBFC marks a milestone for our global real estate platform, and we are thrilled to bring long-term capital to Indias real estate sector. They are excited to assist a sector that is still under-built.

Praveen Modi, Mumbai

13th January 2015

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KKR, a leading global investment firm, announced it has established a non-banking financial company that will provide structured credit solutions to the real estate sector in India, with an investment from GIC, Singapores sovereign wealth fund.

Deepankar Godbole, Mumbai

13th January 2015

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