Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Private equity inflow in realty sector down 5 per cent to $1.9 billion in Apr-June

PTI
Updated: July 10th, 2023, 13:59 IST
in Business
0
realestate, PE, Investment, realty sector

File Photo

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Private equity (PE) investment in real estate declined 5 per cent year-on-year in April-June to $1.9 billion because of high interest rates, according to Anarock.

PE inflows stood at $2 billion in the year-ago period.

Also Read

Lokpal invites bids for seven high-end BMW 3 Series cars

13 hours ago
trading

Sensex, Nifty begin Samvat 2082 on firm note in special Muhurat trading

14 hours ago

Real estate consultant Anarock has come out with a report titled ‘FLUX Q1 FY24 Market Monitor for Capital Flows in Indian Real Estate’.

“PE activity marginally declined by 5 per cent in Q1 FY24 given the elevated interest rates,” the report said.

PE inflows stood at $1.4 billion in the first quarter of 2021-22, $0.2 billion in Q1 FY21 and $1.7 billion in Q1 FY20.

As per the data, foreign investors accounted for 94 per cent of the PE investments, while the share of domestic fund was 6 per cent.

PE funding remained dominated in form of equity, which contributed 94 per cent to the total inflow.

Anarock noted that the “overall activity remained muted with headline numbers boosted by a large single deal with assets across locations.”

In May, Brookfield India REIT (BIRET) and Singapore’s GIC announced an equal partnership to acquire two commercial properties in India for $1.4 billion.

Out of the total inflow, 90 per cent came in office assets during April-June. In the year-ago period, 68 per cent of the PE inflow came from office assets.

Shobhit Agarwal, MD & CEO of Anarock Capital, said, “Excluding this deal, private equity activity remained subdued owing to a high interest rate environment and global uncertainties.”

“PE transactions in Indian real estate are, in any case, tilted towards equity investments in office assets by foreign investors. The single large deal between the consortium of GIC and Brookfield REIT with Brookfield AMC has further skewed the mix during the quarter,” Agarwal said.

Residential segment attracted 6 per cent inflow in Q1, FY24 as against 19 per cent in the year-ago period.

Gagan Randev, Executive Director, India Sotheby’s International Realty, said the slight decline in PE investment during April-June can be attributed to the temporary slowdown and disruptions in the global economy.

“However, this is expected to be a transient phase, and we anticipate an increase in PE investment in the upcoming quarter. India’s robust economic growth and the rising demand for Grade A office spaces, sharp rebound in retail and strong warehousing demand post-Covid indicate a positive outlook,” Randev said.

As per the Anarock data, PE investment in real estate remained stable at $4.2 billion during 2022-23.

PE inflows stood at $4.2 billion in 2021-22, $7.2 billion in 2020-21, $6.3 billion in 2019-20, and $5.3 billion in 2018-19.

PTI

Tags: FY24IndiaInvestmentPEreal estaterealty sector
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019

Archives

Editorial

Trumpian Dilemma

October 20, 2025

After showing admirable and decisive toughness in defusing the crisis in the Middle East, US President Donald Trump has been...

Read moreDetails

Empty Ambition

Rights & Restrictions: AAKAR PATEL
October 19, 2025

When was the last time you read or saw something about India and the G20? And what do you recall...

Read moreDetails

Market Power

Power of Continuity
October 18, 2025

The power corridors are abuzz again, but not over taxes or budgets this time. Eyeballs are fixed on who’ll get...

Read moreDetails

Historic Deal

Trump, Netanyahu
October 15, 2025

There is no doubt the way fighting in Gaza was ended and a peace process set in motion in the...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST