According to FLUX – ANAROCK Capital’s Year-end Market Monitor for Capital Flows in real estate, big-ticket investments were largely concluded by foreign PE investors.
PE investments in the country continued to stay healthy; a marginal 2% decline over the previous year. Commercial assets have remained the key attraction for PE investors over the past few years.
Investments in retail jumped sharply in 2019 and are expected to continue to do so in 2020. Stressed funds started considering residential assets. 2020 will see many last-mile funding deals in the residential space.
Other Key 2019 Highlights:
- Last-mile funding – a correct step towards reviving the residential space
- Income yielding Grade A assets drew the majority of equity investments
- Alternative asset classes witnessed interest
- Total real estate loan equals USD 93 Bn, over 62% completely stress-free