Institutional investment in housing jumps 5-fold: Jan-June
21 Jul 2023 CW Team
Institutional investments in the housing sector climbed by almost five times to USD 433.4 million between January and June of this year, while inflows into industrial and warehousing assets rose by 95% to USD 350.2 million, according to Colliers India. The housing segment's inflow and the industrial & warehousing segment's inflow were USD 89.4 million and USD 179.8 million, respectively, in the prior 12-month period.
Family offices, foreign business groupings, foreign banks, proprietary books, pension funds, private equity, real estate fund-cum-developers, foreign-funded NBCs, and sovereign wealth funds are just a few of the investors that make up the institutional influx of capital.
During H1 of 2023, the residential sector had an impressive five-fold growth in investment inflows, mostly driven by domestic investments. According to the expert, investments in residential assets have seen a recovery driven by increased home demand amid stable interest rates and healthy affordability levels.