Avendus Capital advises Total Environment on its funding from Peninsula Brookfield Fund.

Total Environment Building Systems, a Bangalore based architectural design and real estate development firm, that designs and develops high quality customized homes, has raised INR 2,000 Mn from Peninsula Brookfield Fund in the form of Structured Debt. The funds raised will be utilized for the construction of two of the company’s projects - Van Gogh’s Garden in Bangalore and Songs from the Wood, in Pune, as well as help complete the exit of an investor at Van Gogh’s Garden.

Avendus Capital was the financial advisor to Total Environment for this transaction.

Avendus has closed 25 deals, across industries, so far in CY2014 and was amongst the top two financial advisors by overall number of deals in India (as per Mergermarket for CY Q1- Q3 2014). The Real Estate practice at Avendus has closed 6 transactions in the last 2 years totalling more than INR 10,000 Mn. The transactions involve Entity level equity, project level equity, land funding, construction finance, preapproval funding, Refinancing, PE buyback, TDR purchase funding, Private redevelopment project finance and inventory purchase.