2016 to be the highest ever PE investment

2016 to be the highest ever PE investment
27/09/2016 , by , in News/Views

Cushman & Wakefield, global real estate consultants, estimate that 2016 could record the highest Private Equity investments in real estate (PERE) since 2008 which is estimated to be INR 436 billion.

The period from January to June, saw an increase in PERE by 64% to INR 191.370 bn as compared to INR 116.349 bn recorded in the same period of 2015. The total number of deals closed during H1 2016 increased 24% to 57 from 46 in the corresponding period of 2015.

“Indian real estate has seen good traction from both domestic as well as global investors on the back of reviving economic confidence breaching previous levels. This bull run is expected to continue in the short term with more investments being made in completed / leased corporate assets and other commercial activities such as retail and hospitality and we expect 2016, to be one of the best years in recent past for the RE sector.” Said Anshul Jain, Managing Director,India, Cushman &Wakefield.

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