<p>Private equity (PE) funds have pumped nearly $9.7 billion into Indian real estate sector between the first quarter of 2017 and the first quarter of 2019, of which southern cities account for the maximum interest from investors.</p>.<p>The Southern cities of Bengaluru, Chennai and Hyderabad garnered paramount attention by investors, followed by Mumbai and Pune, according to Anarock Capital.</p>.<p>Logistics and warehousing saw an investment of $1.1 billion during the period.</p>.<p>The logistics sector had a massive jump-start in the first quarter of 2019 when private equity players pumped in nearly $200 million into the southern cities, Shobhit Agarwal, MD&CEO, Anarock Capital said.</p>.<p>“Infrastructure status, the multi-modal logistics park policy and implementation of GST has caused private equity firms to take greater interest in logistics and warehousing sector,” he said in a research note.</p>.<p>The otherwise usual favourite of PE funds - residential real estate - saw equal inflows of $1.1 billion during the same period. Commercial real estate saw nearly $5.7 billion of PE funding in the two-year period.</p>.<p>Among the major deals, IndoSpace - India’s leading developer of industrial real estate and warehousing facilities – saw maximum inflow in 2017 to the tune of $500 mn from Canada-based CPPIB for projects across cities like Bengaluru, Chennai, Pune, Mumbai and Delhi.</p>.<p>Among the top deals in 2018, Warburg Pincus invested nearly $180 million in Embassy Group for a project in Bengaluru and Proprium Capital Partners invested nearly $100 million into Musaddilal Projects in Hyderabad.</p>.<p>Among the top deals in 2019, LOGOS India invested nearly $100 million into Casagrand Distripark in Chennai, while Embassy Industrial Parks invested nearly $50 million in DRA Projects in Bengaluru.</p>.<p class="byline">DH News Service</p>
<p>Private equity (PE) funds have pumped nearly $9.7 billion into Indian real estate sector between the first quarter of 2017 and the first quarter of 2019, of which southern cities account for the maximum interest from investors.</p>.<p>The Southern cities of Bengaluru, Chennai and Hyderabad garnered paramount attention by investors, followed by Mumbai and Pune, according to Anarock Capital.</p>.<p>Logistics and warehousing saw an investment of $1.1 billion during the period.</p>.<p>The logistics sector had a massive jump-start in the first quarter of 2019 when private equity players pumped in nearly $200 million into the southern cities, Shobhit Agarwal, MD&CEO, Anarock Capital said.</p>.<p>“Infrastructure status, the multi-modal logistics park policy and implementation of GST has caused private equity firms to take greater interest in logistics and warehousing sector,” he said in a research note.</p>.<p>The otherwise usual favourite of PE funds - residential real estate - saw equal inflows of $1.1 billion during the same period. Commercial real estate saw nearly $5.7 billion of PE funding in the two-year period.</p>.<p>Among the major deals, IndoSpace - India’s leading developer of industrial real estate and warehousing facilities – saw maximum inflow in 2017 to the tune of $500 mn from Canada-based CPPIB for projects across cities like Bengaluru, Chennai, Pune, Mumbai and Delhi.</p>.<p>Among the top deals in 2018, Warburg Pincus invested nearly $180 million in Embassy Group for a project in Bengaluru and Proprium Capital Partners invested nearly $100 million into Musaddilal Projects in Hyderabad.</p>.<p>Among the top deals in 2019, LOGOS India invested nearly $100 million into Casagrand Distripark in Chennai, while Embassy Industrial Parks invested nearly $50 million in DRA Projects in Bengaluru.</p>.<p class="byline">DH News Service</p>
