Institutional investments in real estate rise 45% in Jul-Sep: Colliers

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Institutional investments in real estate rise 45% in Jul-Sep: Colliers - Business Standard

Quick Summary:

Among different assets class in the overall real estate market, the consultant noted that office segment attracted USD 616.3 million during the third quarter of this calendar year, a more than seven-fold jump from USD 79.1 million in the year-ago period.

Consultant Colliers India data showed that the institutional investments in real estate during July-September stood at USD 1,148.7 million as against USD 793.4 million in the year-ago period.

Institutional investments in real estate grew 45 per cent to nearly USD 1.15 billion in July-September with investors looking to encash the strong demand for premium homes and offices, according to Colliers.