PE investment in real estate increases to Rs. 15, 410 during 2014: C&W

By Accommodation Times News Services

reits investment implicationsThere is a substantial increase in Private Equity investment in the real estate sector, the increase is seen up to Rs. 15,410 crore in 2014, the highest since 2008, signalling a renewed interest by domestic and global investors, according to a report by Cushman and Wakefield.

The PE investments in 2013 in the sector stood at Rs 7,360 crore. Commercial office assets contributed 53% while housing segment had a share of 39% to the total PE investment in 2014.

Delhi-NCR witnessed the highest PE investment of Rs 5,910 crore during 2014, followed by Mumbai at Rs 4,680 crore.

“Total inflows in the sector for 2014 were Rs 15,410 crore ($2.5 billion). This was more than double the investment levels recorded in 2013 (Rs 7,360 crore ($1.2 billion).

“This is also the highest level of investment since 2008, indicating renewed interests among domestic and foreign investors for the Indian real estate sector,” C&W said in a report on PE investments in real estate.

During 2014, there was high level of interest in leased office assets with a number of foreign investors acquiring IT parks and IT-SEZs. Investment activity in under-construction projects in the residential segment also improved significantly.


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