PE inflow in real estate rises 51% in Jan-Jun
Real Estate

PE inflow in real estate rises 51% in Jan-Jun

According to Cushman & Wakefield, private equity investments in real estate increased by 51% year over year to Rs 24,680 crore in the first half of this year.

The amount invested in private equity (PE) from April to June was Rs 15,850 crore (USD 1.92 billion), which was 63% more than the previous quarter and 60% more than the same time last year.

According to a statement from real estate consultant Cushman & Wakefield, the first half of 2023 (January to June) "saw a cumulative inflow of close to Rs 24,680 crore (USD 2.99 billion), which is 51% higher than HI-22, mainly driven by investment in the office segment and also increased investments in alternate segments like logistics & industrial and data centres."

87 percent of the overall inflows were made up of investments in equity.

Indian office markets are one of the most resilient investment classes in the real estate world, with stable occupancies and rental growth beating inflation, according to Somy Thomas, Managing Director, Valuations and Co Head, Capital Markets at Cushman & Wakefield. "Retail asset classes are doing mostly double-digit NOI (Net Operating Income) growth on a YOY basis, and given the dearth of high-quality retail space, we expect rental growth to continue in the near future.

According to Cushman & Wakefield, private equity investments in real estate increased by 51% year over year to Rs 24,680 crore in the first half of this year. The amount invested in private equity (PE) from April to June was Rs 15,850 crore (USD 1.92 billion), which was 63% more than the previous quarter and 60% more than the same time last year. According to a statement from real estate consultant Cushman & Wakefield, the first half of 2023 (January to June) saw a cumulative inflow of close to Rs 24,680 crore (USD 2.99 billion), which is 51% higher than HI-22, mainly driven by investment in the office segment and also increased investments in alternate segments like logistics & industrial and data centres. 87 percent of the overall inflows were made up of investments in equity. Indian office markets are one of the most resilient investment classes in the real estate world, with stable occupancies and rental growth beating inflation, according to Somy Thomas, Managing Director, Valuations and Co Head, Capital Markets at Cushman & Wakefield. Retail asset classes are doing mostly double-digit NOI (Net Operating Income) growth on a YOY basis, and given the dearth of high-quality retail space, we expect rental growth to continue in the near future.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement