PE Investments Surge in Indian Realty Driven by Office Assets

13 October 2023, Mumbai

A report by ANAROCK Capital, FLUX - 1H FY24, shows that private equity (PE) investments in Indian real estate rose by 17% to USD 117 Mn in the first half of FY24.

The growth was mainly driven by a mega deal of USD 1.4 Bn, in which two office assets in Mumbai and Gurugram were acquired by Brookfield India REIT and GIC from Brookfield Asset Management.

The report also states that:
Office assets attracted the most PE investments, followed by data centers and residential real estate.
Equity investments accounted for 89% of the PE funding.
Domestic investments grew by 9%, while foreign investments declined by 11%.

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