Piramal Capital & Housing Finance Receives Global Recognition by Euromoney Real Estate Survey 2018

Ranked No.1 in Asia and India as 'Best Overall Investment Manager'

First, win in Asia and Fourth consecutive win in India

Piramal Capital & Housing Finance Limited (PCHFL), the wholly owned subsidiary of Piramal Enterprises Limited, has been recognized as the 'Best Overall Investment Manager' for Asia and India at the 14th Annual Global Real Estate Survey conducted by Euromoney.

Piramal Capital and Housing Finance have won this award in India for four consecutive years for setting new benchmarks and outstanding performance in the industry. In addition, it also marks its victory in one of the largest market - Asia this year for the first time by demonstrating its commitment & remarkable performance in the global real estate market.

Mr. Khushru Jijina, Managing Director, Piramal Capital & Housing Finance, said, "PCHFL has been consistently recognized by the industry and its peers for its quality, performance, and professionalism. We believe that awards are a validation of our Group values of Knowledge, Action, Care and Impact and a testament of our employees' efforts who strive to be the best, as well as our developer partners who motivate us to do better. We are delighted to win this award and are thankful to our stakeholders for their steadfast support."

This prestigious award has been voted and nominated by industry peers such as advisors, developers, investment managers, banks and corporate end users. Euromoney Real Estate Survey is one of the most prestigious and widely recognized global surveys that canvasses the opinions of the leading firms in the real estate sector, across the globe.

About Piramal Capital & Housing Finance Limited:

Piramal Capital & Housing Finance Limited (PCHFL), wholly owned subsidiary of Piramal Enterprises Limited (the flagship company of Piramal Group), is registered as a housing finance company with National Housing Bank (NHB) and engaged in various financial services businesses. It provides both wholesale and retail funding opportunities across sectors. In real estate, the platform provides housing finance and other financing solutions across the entire capital stack ranging from early-stage private equity, structured debt, senior secured debt, construction finance and flex lease rental discounting. The wholesale business in non-real estate sector includes separate verticals - Corporate Finance (CFG) and Emerging Corporate Lending (ECL). CFG provides customized funding solutions to companies across sectors such as infrastructure, renewable energy, roads, industrials, auto components etc. while ECL focuses on lending towards Small and Medium Enterprises (SMEs).

PCHFL through its group companies provides customized strategies for institutional and retail investors such as Mumbai Redevelopment Fund and Apartment Fund (through Piramal Fund Management) and strategic partnerships with leading global pension funds such as CPPIB, APG, and Ivanhoe Cambridge.

Company Awards:

Best Domestic Fund House by CNBC Awaaz in 2014

Best Overall Investment Manager (India) by Euromoney's Real Estate Awards for 3 years in a row - 2015, 2016 and 2017

The firm of the Year (India) by the PEI Global Private Equity Real Estate (PERE) awards in 2014 and 2016

Great Places to Work in Financial Services: 2016, 2017

MCHI CREDAI Golden Pillar Awards: Piramal Housing Finance - Emerging Home Loan Provider of the Year and Piramal Finance for Leading Real Estate Project Finance Company of the Year

About Piramal Enterprises Ltd:

Piramal Enterprises Limited (PEL) is one of India's large diversified companies, with a presence in Financial Services, Pharmaceuticals and Healthcare Insights & Analytics. PEL's consolidated revenues were over US$1.6 billion in FY2018, with around 46% of revenues generated from outside India.