IN­DIA TO RE­CEIVE $ 4.2 B NEW CAP­I­TAL FROM GLOBAL SOURCES

Hindustan Times (Chandigarh) - Estates - - FRONT PAGE - HT Es­tates Cor­re­spon­dent ht­es­tates@hin­dus­tan­times.com

The amount of new cap­i­tal avail­able for global real es­tate in­vest­ment in 2017 is es­ti­mated at $435 bil­lion, ac­cord­ing to Cush­man & Wake­field’s re­port ti­tled The Great Wall of Money, which tracks the amount of newly-raised cap­i­tal, in­clud­ing debt and eq­uity, tar­get­ing real es­tate at a global level.

The re­port states that the to­tal global wall of money in 2017 has fallen by 2% com­pared to the 2016 peak of $ 443 bil­lion, but is the sec­ond high­est fig­ure recorded since 2009. Of the $435bn fig­ure noted for 2017, cap­i­tal tar­get­ing EMEA shrunk 9% in US dol­lar terms to $130bn, whilst the Amer­i­cas grew by 2% to $173bn and Asia Pa­cific posted a mar­ginal in­crease to $132bn.

In Asia Pa­cific which ac­counts for 30% of the global vol­ume, China, Ja­pan, Aus­tralia and Hong Kong ranked in the top 10 tar­get in­vest­ment des­ti­na­tions glob­ally, with Sin­ga­pore and In­dia a few spots be­hind at num­ber 12 and num­ber 15 re­spec­tively..

The grow­ing in­vest­ment in­ter­est in Asia Pa­cific re­flects the ma­tu­rity and growth of op­por­tu­ni­ties across the re­gion as well as the prospects for at­trac­tive re­turns.

In­dia’s strong show­ing in the rank­ings is a re­sult of con­tin­ued pol­icy moves to in­sti­tu­tion­alise real es­tate in­vest­ments in the coun­try.

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