Colliers report: PE investment in real estate jumps 26 per cent to Rs 28,000 crore
Private equity (PE) investment in real estate jumped 26 per cent in the first half of this year to USD 3.9 billion (approx Rs 28,000 crore) impelled by higher inflow in commercial and warehousing projects, according to property consultant company Colliers.
Private equity (PE) investment in real estate jumped 26 per cent in the first half of this year to USD 3.9 billion (approx Rs 28,000 crore) impelled by higher inflow in commercial and warehousing projects, according to property consultant company Colliers.
"We foresee the current year to create a new record for investments in real estate, with investors viewing retail and logistics assets favorably in addition to commercial office assets," said Megha Maan, Senior Associate Director, Research at Colliers International India.
Here are the highlight of the report by Colliers International:
-PE inflows from foreign investors increased 28 per cent in the first six months of 2019
-According to a report of Colliers International, the real estate sector witnessed private-equity (PE) inflows of USD 3.9 billion (Rs 27,767 crore) during the first six months of 2019.
- The increase in PE inflow shows the confidence of institutional investors in India's premium office spaces, retail properties and warehousing sector.
-Foreign funds remain active in the real estate market, with inflows from such investors rising 28 per cent in H1 2019.
-Foreign funds continue to be active in the commercial office space.
-Mumbai woos maximum 27 per cent of the total PE inflows, garnering around USD 1.05 billion of investments.
-Pune got 10-fold increase in PE inflow to USD 237 million in January-June period of this year.
-The investment in the commercial office assets hold 42 per cent share of total investments during the first six months of this year.
-Investors pumped in USD 1.2 billion into the retail sector, accounting for 31 per cent share.
Colliers is a leading global real estate services and investment management company, with operations in 68 countries to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors.
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