Friday, Aug 12, 2022
Outlook.com

Private Equity Inflow In Realty Sector Declines 47% To $1 Billion In Jan-Mar 2022

Private Equity inflows stood at $1.9 billion in the same quarter last year. During October-December 2021, the investments were at $218 million

undefined
File photo

Private equity investment into the Indian real estate sector fell 47 per cent to $1 billion during January-March this year compared to the year-ago period, but the inflows jumped over 4.5 times from the previous quarter, according to property consultant Savills India.

The PE (Private Equity) inflows stood at $1.9 billion in the same quarter last year. During October-December 2021, the investments were at $218 million.

"Commercial office assets continued to remain the frontrunner during Q1 2022, garnering more than two-third share of the investment pie. All the quarterly investment came from foreign institutional investors and was concentrated in core office assets in Bengaluru," Savills said in a statement.

Last week, Anarock had reported that the PE investments in the real estate sector fell 32 per cent to $4.3 billion in the last fiscal year from $6.3 billion in the 2020-21 financial year.

Advertisement
Advertisement
Advertisement