PE investment in real estate up 26 pc at Rs 28,000 cr during Jan-Jun 2019: Report

Private equity investment in real estate rose 26 per cent in the first half of this year to USD 3.9 billion (nearly Rs 28,000 crore) driven by higher inflow in commercial and warehousing projects, according to property consultant Colliers.

PE inflows from foreign investors increased 28 per cent during the first six months of the 2019 calendar year.

"During the first six months of 2019, the real estate sector witnessed private-equity (PE) inflows of USD 3.9 billion (Rs 27,767 crore), eclipsing the first halves of previous years," Colliers International said in a report.

The increase in PE inflow signals rising confidence of institutional investors in India's premium office spaces, retail properties and warehousing sector, it said.

"Foreign funds remain active in the real estate market, with inflows from such investors rising 28 per cent in H1 2019. While foreign funds continue to be active in the commercial office space, they are also investing into the logistics sector," the report ...