Thursday 19 November 2015

Realty PE investments in 2015 highest in 7 years

The investment is 84% higher as against corresponding period a year ago and 22% higher than entire 2014.
 http://urbanupdate.in/wp-content/uploads/2014/03/Private-Equity-in-Realty.jpg
Indian real estate sector has witnessed private equity investments worth $2.8 billion during the first nine months of 2015. This is the highest investment seen in the last seven years since the peak of 2008, showed a Cushman & Wakefield report.

The investment is 84% higher as against corresponding period a year ago and 22% higher than entire 2014.

Private equity, pension and sovereign wealth funds are regaining confidence in India owing to strong indicators signaling a revival in the sector on the back of several initiatives by the central government. Total number of deals concluded in 2015 so far also increased to 61 as against 52 during the corresponding period a year ago.

Furthermore, the average deal size also increased during the first three quarter of 2015 to Rs 300 crore as against an average deal size of Rs 190 crore during the same period a year ago.


Source: ET realty 

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