Record Investments in India’s Commercial Real Estate Market

Investments in commercial properties in India hit a record high last year on increased appetite of global investors to own real estate in the world’s fastest growing economy. Overseas buyers represented 60 percent of India’s real estate deal total in 2018, well above the regional average, signaling that the country is increasingly becoming part of the global institutional real estate investment universe. Upcoming initial share sales of distinctive real estate investment trusts “could indicate the market is embarking on the next evolutionary steps in real estate investment products. Investment in commercial properties in India rose 4 percent year-on-year to an all-time high of $4.4 billion in 2018, with cross-border investors expanding their presence. So far, global investors such as Blackstone, The Xander Group, Brookfeld AM and CPPIB as well as Asian buyers such as Mapletree Investments and GIC have been increasing their allocation to the market.