PE investments of USD 4,068 million in realty
The real estate sector in India attracted private equity investments ...
The real estate sector in India attracted private equity investments of around $4,068 million involving 21 deals in 2020, said a Knight Frank India report.
The report noted that India attracted private equity investments to the tune of $38,149 million in total last year and the real estate sector accounted for 11 per cent of it. The share of office and warehousing PE investments have jumped remarkably over the last decade from 24 per cent in 2011 to 62 per cent in 2020 and 6 per cent to 24 per cent during the same period, respectively.
Shishir Baijal, Chairman and Managing Director, Knight Frank India said: “Despite a slowdown in overall PE investment, we continue to witness a strong investor appetite for rent yielding office assets. Knight Frank believes that with more clarity on the pandemic resolution and sense on structural changes, the deal activity is expected to pick up further in 2021.”