+
Where are real investments heading in 2019?
Real Estate

Where are real investments heading in 2019?

In just the first three months of 2019, PE real-estate investment came close to $ 1 billion, with 40-50 per cent in commercial and about 30 per cent in warehousing and logistics. The majority came through a single deal when Brookfield acquired the hotel assets of Leela Ventures for $ 570 million. “Hospitality is attracting more interest but the flows are still not as consistent as office; and those are likely to continue even in the balance of 2019,” says Sonit Singh, COO and Head, Cross Border Capital Markets, JLL India. However, Anarock estimates hotel transaction volumes to cross $ 800 million in 2019, the highest for the Indian hospitality industry.

Investor interest in long-term, real-estate plays with preferred developers continues to be visible with additional platforms of over $ 500 million getting created in just two-and-a-half months.

Besides, a recent Bombay High Court interim order has paved the way for what is called Mumbai’s biggest building deal—at Rs 25 billion—between Blackstone and Radius Developers for a building in Bandra-Kurla Complex. According to sources, Blackstone aims to replicate its office success story in retail—not just with income-producing assets but involvement at the development stage as well.

Going forward, institutional investors are likely to continue infusing investments in real estate. “Along with Mumbai, Pune and Chennai, Delhi-NCR and Bengaluru are also likely to be on the radar,” predicts Nikhil Bhatia, Managing Director and Co-head, Capital Markets, CBRE India. As for financing, Sanjeev Chandiramani, National Director-Capital Markets, Knight Frank (India), says, “We expect an improving scenario for domestic funds with increased retail, HNI and UHNI investments in fund platforms and improved FPI and FDI in development and financing platforms, resulting in delivery of projects across asset classes and markets. Eventually, (Q3 onwards) we expect that rate benefits will be passed to both retail and wholesale credit, resulting in capital efficiencies and improved project returns.” Singh confirms we will see a couple of investments in this quarter as well, to the tune of about $ 500-600 million.

An unstable election year, but a buoyant one already!


- SERAPHINA D’SOUZA


In just the first three months of 2019, PE real-estate investment came close to $ 1 billion, with 40-50 per cent in commercial and about 30 per cent in warehousing and logistics. The majority came through a single deal when Brookfield acquired the hotel assets of Leela Ventures for $ 570 million. “Hospitality is attracting more interest but the flows are still not as consistent as office; and those are likely to continue even in the balance of 2019,” says Sonit Singh, COO and Head, Cross Border Capital Markets, JLL India. However, Anarock estimates hotel transaction volumes to cross $ 800 million in 2019, the highest for the Indian hospitality industry.Investor interest in long-term, real-estate plays with preferred developers continues to be visible with additional platforms of over $ 500 million getting created in just two-and-a-half months.Besides, a recent Bombay High Court interim order has paved the way for what is called Mumbai’s biggest building deal—at Rs 25 billion—between Blackstone and Radius Developers for a building in Bandra-Kurla Complex. According to sources, Blackstone aims to replicate its office success story in retail—not just with income-producing assets but involvement at the development stage as well.Going forward, institutional investors are likely to continue infusing investments in real estate. “Along with Mumbai, Pune and Chennai, Delhi-NCR and Bengaluru are also likely to be on the radar,” predicts Nikhil Bhatia, Managing Director and Co-head, Capital Markets, CBRE India. As for financing, Sanjeev Chandiramani, National Director-Capital Markets, Knight Frank (India), says, “We expect an improving scenario for domestic funds with increased retail, HNI and UHNI investments in fund platforms and improved FPI and FDI in development and financing platforms, resulting in delivery of projects across asset classes and markets. Eventually, (Q3 onwards) we expect that rate benefits will be passed to both retail and wholesale credit, resulting in capital efficiencies and improved project returns.” Singh confirms we will see a couple of investments in this quarter as well, to the tune of about $ 500-600 million. An unstable election year, but a buoyant one already! - SERAPHINA D’SOUZA

Related Stories

Gold Stories

Next Story
Resources

NCC Founder and Padma Shri Awardee AVS Raju Passes Away at 89

Dr Alluri Venkata Satyanarayana Raju, founder and Chairman Emeritus of NCC Limited and a Padma Shri awardee, passed away in Hyderabad on 13 October 2026. He was 89.Born on 18 April 1937 in Antarvedipalem village in Andhra Pradesh's erstwhile East Godavari district, Raju began his entrepreneurial journey in 1956. He established Nagarjuna Construction Company (NCC) Limited in 1978, which subsequently emerged as one of India's leading construction and infrastructure companies.Under his leadership, NCC became a public limited company in 1990 and expanded into one of India's prominent listed constr..

Next Story
Infrastructure Transport

Embraer to Acquire 51 Per Cent Stake in Mahindra Aerospace Arm

Brazilian aerospace major Embraer will acquire a 51 per cent equity stake in Novavayu Aerospace, a step-down subsidiary of Mahindra and Mahindra, under an Investment Agreement notified by the automobile company in an exchange filing. The transaction will give Embraer control of the aerospace business. Following completion of the acquisition, Novavayu Aerospace will cease to be a wholly owned subsidiary and become an associate of Mahindra Defence Systems, which is a step-down wholly owned subsidiary of Mahindra and Mahindra. The agreement is expected to be completed on or before December 1. Mah..

Next Story
Infrastructure Urban

RBI Opens Special Dollar Window for Three State-Run OMCs

The Reserve Bank of India (RBI) has opened a special facility to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), in a move aimed at easing pressure on the Indian rupee. The facility will take effect on October 12, 2026, and remain available until further notice. Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation are eligible to use the arrangement. Under the facility, the RBI will sell US dollars to the three companies through designated banks, allowing them to meet their oil-import payments without sourc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code