Piyush Gupta News

APAC) investors, with 68% expecting regional economic growth to positively impact real estate markets, mentioned Colliers’ Asia Pacific Report: 2025 Global Investor Outlook. As APAC investors prepare for a lower interest rate environment and narrowing pricing gaps, institutional investments in India’s real estate sector are expected to gain further momentum in 2025. The report highlights significant cross-border investment opportunities, particularly in the office and logistics sectors, with 67% of APAC investors planning to allocate capital to the region in 2025, it said. The report stated that the region is anticipated to commit over 30% of their total assets under management (AUM) to real estate over the forthcoming five years.In terms of sector focus for 2025, 61% of investors are directing their capital towards industrial and logistics, office, and multi-family/build-to-rent properties.Among those prioritizing office investments, 61% are specifically targeting core and core-plus assets within Central Business Districts (CBD). Furthermore, nearly 90% of respondents project that ESG-compliant office properties will achieve a valuation premium in the next three years.

The recent surge in the prices was a momentum play following an escalation in the Middle East conflict, with Israel preparing to act on Iran’s missile attack. The US Fed Reserve’s interest rate cut, central banks' gold buying, upcoming US election and geopolitical risk are continuing to remain the key supportive factors for bullion prices. Investors may look for accumulation on any decline in the prices. The current market environment could be favourable for a strategic allocation in gold as an investment in the portfolio, said Tapan Patel, Fund Manager-Commodities, Tata Asset Management.

Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years. She will be the bank's first female chief executive and also the first to be appointed from within the ranks of the bank.

Concorde, a Bengaluru-based real estate developer has acquired a 1.6-acre land parcel located on Sarjapur Road, Bengaluru. Set to be a premium residential complex, this joint development will have a gross development value (GDV) of Rs 200 crore. In March, Concorde acquired a 4.5 acre land in Thanisandra, Bengaluru. The strategic acquisition was facilitated by real estate consulting firm, Colliers India, and marks a significant milestone for Concorde as it continues to expand its footprint in the city.

India ranked among the top five cross-border capital destinations globally for land and development site investments in the March quarter with foreign investors backing about 55% of the inflows, said real estate services firm Colliers. Notably, 73% of the fresh foreign investments were aimed at ready assets, according to Colliers' latest Asia Pacific Global Capital Flows report.

Hansoge Enterprises has sold a hotel asset spread over 1.5lakh sft in the city in a deal estimated to be around Rs 150 crore to an ultra-high net worth individual. The midscale boutique 175-room property is located near Bangalore International Airport and is expected to be completed by the end of 2024.

Piyush Gupta, Managing Director of Capital Markets & Investment Services at Colliers India. "Investors from the APAC region have been showing an increasing appetite for Indian real estate, contributing to about half of the total foreign inflows during 2023. Looking ahead to 2024, investment activity will likely remain unabated backed by robust domestic economic fundamentals, while a strategic integration of technology and ESG will play out in investment decisions." The story, however, was intriguing when the sources of this investment were looked at.

Institutional investments in the Indian real estate sector maintained a steady momentum at $5.4 billion, rising 10% y-o-y during 2023, with the office segment to be the highest contributor. The year witnessed the highest levels of investment inflows since 2020 showcasing India's resilience despite uncertainties in global markets otherwise. Office sector continued 56% share in total inflows in 2023, attracting both global as well as domestic capital, led by select large deals.

Southeast Asia's largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate environment.

By Yantoultra Ngui

OTT releases scheduled for July 7. A couple of these have already been released on July 6. Overall, it promises to be an exciting weekend for viewers, who will have plenty of choices to stream these movies and shows on ZEE5, Amazon Prime Video, JioCinema, SonyLIV and Disney+ Hotstar.

Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that helped turn the Southeast Asian city-state into one of the richest countries in the world. In his time as chief executive officer at DBS Group Holdings Ltd., Gupta has built the lender into Singapore’s largest listed company, moved early into wealth management and other key business areas and delivered equity returns that outstrip global peers.

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SINGAPORE — Shares of Southeast Asia's largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.

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The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns.

The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers.

Polytrade Finance, a decentralised finance (DeFi) lending platform providing working capital to SMEs in the real world using crypto liquidity, on Thursday announced its listing on cryptocurrency exchange CoinDCX.