Portfolio

With an ecosystem of insight, engagement, and collaboration with various stakeholders across key real estate markets of India, WSB has committed more than INR 2023 Cr (~US $250 Mn) of debt capital to the Housing sector. The group has made 51 debt investments spread across 5 metros, and has secured exits in 70% of these transactions. Advising on/ managing the 4 Equity transactions worth ~USD 180 Mn through their long investment cycle has enabled the team to better underwrite and structure the risk- framework around the deals.

Focussing on monetizing assets through steady cash-flow generation and providing capital support for on-ground execution,over the years, WSB has helped its development partners deliver ~20,000+ housing units of superior quality. Escrow mechanisms, regular debt servicing, robust reporting structures around sales and execution have further helped instil an institutional culture
among the developers.

WSB has developed an ecosystem of insight, engagement, and collaboration with various stakeholders across key real
estate markets of India. Along with its affiliates, WSB has managed/ committed more than INR 17,500 Mn (~USD 230 Mn)
of debt capital in residential real estate. Spread over 5 metros and across about 40 transactions, the group has
already secured 27 complete and 5 partial exits from this investment corpus. Advising on/ managing the 4 Equity
transactions worth ~USD 180 Mn through their long investment cycle has enabled the team to better underwrite and
structure the risk- framework around the deals

Investment Structure	Senior Secured Debt	Opportunistic	Senior Secured Debt	Senior Secured Debt	Opportunistic
Strategy	Mid-income residential real estate	Residential real estate	Mid-income residential real estate	Mid-income residential real estate	Portfolio Of Residential/Commercial Project
Vintage	Since 2013	2013	2018	2021	2007
Status	Ongoing	Closed	Partially Exited	Ongoing	Ongoing
Transactions	14	7	10	6	4
Size	~INR 7,300 Mn	~INR 1,600 Mn	~INR 3,500 Mn	~INR 5,200 Mn	~USD 180 Mn*
Exits	11+1 partial	7	6+3 partial	1	2+1 partial

*Considered conversion rate at the time of investment

	Managed Investments	Fund 1	Fund 2	Fund 3	Managed Account (Advisory)
Investment Structure	Senior Secured Debt	Opportunistic	Senior Secured Debt	Senior Secured Debt	Opportunistic
Strategy	Mid-income residential real estate	Residential real estate	Mid-income residential real estate	Mid-income residential real estate	Portfolio Of Residential/Commercial Project
Vintage	Since 2013	2013	2018	2021	2007
Status	Ongoing	Closed	Partially Exited	Ongoing	Ongoing
Transactions	14	7	10	6	4
Size	~INR 7,300 Mn	~INR 1,600 Mn	~INR 3,500 Mn	~INR 5,200 Mn	~USD 180 Mn*
Exits	11+1 partial	7	6+3 partial	1	2+1 partial