Real estate PE investment witnesses 47% surge in March quarter
Real Estate

Real estate PE investment witnesses 47% surge in March quarter

Private equity (PE) investment inflows into the Indian real estate sector stood at $1 billion during the March quarter, almost five times the December quarter, and witnessed a 47% slump when compared to the March quarter of 2021, according to a report by Savills India, a global property consultancy firm.

During the December quarter of 2021, PE investments into Indian real estate stood at $218 million against $1.9 billion during the March quarter last year.

According to the report, commercial office assets during the last quarter remained the frontrunner, garnering more than two-thirds share of the investment pie. All the quarterly investment in the sector came from foreign institutional investors and was focused on core office assets in Bengaluru.

Savills India told the media that the unabated interest of global investors in Indian real estate developments coupled with the confidence that real estate consumption will rebound once the Covid-19 is over. It has marked the largest acquisition of an operational real estate asset in India in the last five years.

The first quarter of 2022 (Q1 2022) has already clocked in nearly one-third of the investment inflows that the sector witnessed in 2021.

Savills India, Managing director, Capital Markets, Diwakar Rana, told the media that while the Covid-19 pandemic had delayed the brisk activity in most real estate segments, the third wave didn’t have any adverse impact on the real estate sector.

During the quarter, key transactions included investment of GIC into Bengaluru's Bhartiya City and $346 million investment of CPP into select commercial office assets of RMZ Corp and $248 million investment of Abu Dhabi Investment Authority into Viviana Mall.

Image Source

Private equity (PE) investment inflows into the Indian real estate sector stood at $1 billion during the March quarter, almost five times the December quarter, and witnessed a 47% slump when compared to the March quarter of 2021, according to a report by Savills India, a global property consultancy firm. During the December quarter of 2021, PE investments into Indian real estate stood at $218 million against $1.9 billion during the March quarter last year. According to the report, commercial office assets during the last quarter remained the frontrunner, garnering more than two-thirds share of the investment pie. All the quarterly investment in the sector came from foreign institutional investors and was focused on core office assets in Bengaluru. Savills India told the media that the unabated interest of global investors in Indian real estate developments coupled with the confidence that real estate consumption will rebound once the Covid-19 is over. It has marked the largest acquisition of an operational real estate asset in India in the last five years. The first quarter of 2022 (Q1 2022) has already clocked in nearly one-third of the investment inflows that the sector witnessed in 2021. Savills India, Managing director, Capital Markets, Diwakar Rana, told the media that while the Covid-19 pandemic had delayed the brisk activity in most real estate segments, the third wave didn’t have any adverse impact on the real estate sector. During the quarter, key transactions included investment of GIC into Bengaluru's Bhartiya City and $346 million investment of CPP into select commercial office assets of RMZ Corp and $248 million investment of Abu Dhabi Investment Authority into Viviana Mall. Image Source

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?