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ICS Real Estate Partners

The ICSRE Advantage

ICS Real Estate Partners Pvt. Ltd. (ICSRE) was incorporated in 1995 and was formerly known as BFP Corporate Finance Pvt. Ltd. Since then the business has evolved manifold and today it is known by its current name.

Over the last two decades, ICSRE has been active in the field of cross border transactions, fund raising and general investment banking activities. The business in now more focussed towards providing value added services to stakeholders in the real estate sector i.e. land-owners, developers and investors, both institutional and HNI’s.

Services

ICSRE has a dedicated team of senior professionals who have an in-depth understanding of the real estate sector in India. They leverage ICS Group’s wide network of relationships to conclude transactions in the most appropriate and time bound manner.

The team which has more than 100 years of combined experience, specialise in strategic planning, corporate finance and on structuring innovations.

ICSRE Services include:

Fund raising for projects

  • Equity
  • Mezzanine/ structured finance

Investment/ Disinvestment services

  • Assist in finding investment opportunities across asset classes-
    • Green-field / brown-field projects,
    • Completed yield-bearing assets,
    • Distress assets etc.
  • Help to maximise valuation and to monetise assets

Advisory / Investment Management

  • Asset management services 
  • Investment monitoring / advisory services

ICS’ Asset Management arm provides investment management and advisory services to institutional investors focused on the Indian real estate sector. It aims to capitalise on ICS Group’s in-depth understanding of the Indian real estate sector and the strong relationships developed by the Group over the years. It's forte is founded on its ability to manage investments from inception to maturity.

The team has been actively advising and managing the promoter group’s investment of US$ 69 million (Approx. Rs. 425 Crores)* in 3 large retail-centric mixed-use developments, located in India’s upcoming tier 2 cities.

The projects are being developed by Prozone Capital Shopping Centres Ltd., an Indian listed company promoted by retail major Provogue (India) and Capital Shopping Centres (UK), an FTSE-listed property company now known as Intu Properties PLC. The total floor space index (FSI) available for development across the 3 projects is approximately 6.5 million sq ft.

ICSRE has now initiated the process of raising capital for an India focused mixed-use real estate fund with an emphasis on retail. This fund, with a target corpus of US$ 250 million, shall invest in the top 7 Indian cities at an early stage of development, enabling investors to secure the total benefit of value enhancement.

*Indian Rupee equivalent as of September 2013