INDIA TO RECEIVE $ 4.2 B NEW CAPITAL FROM GLOBAL SOURCES
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.