India ranks 5th in Asia-Pacific cross-border realty investments, draws $3 bln in H1
real estate investments in the Asia-Pacific region, attracting 9% of the total volume of investment within the region in the first half of 2024, showed a Knight Frank India study.
The total cross-border investments in the Asia Pacific region during this period reached $11.5 billion, with India receiving $3 billion from global private equity investors.
In terms of investment in Indian real estate, the office sector accounted for 36% of the total global capital allocation, reflecting the strong appeal of commercial real estate assets. The industrial sector followed closely with 30% of the investment share, while the residential sector received 15%, and retail accounted for 10%.
“The expected turnaround of global economies in the second half of the year is likely to encourage more foreign private equity players to take advantage of the country’s robust domestic macros. This influx of investment would boost the performance of Indian real estate and maintain the growth of industry assets,” said Shishir Baijal, CMD, Knight Frank India
Cross-border capital flows are significantly shaping the commercial real estate landscape in APAC, driving the search for new investment opportunities. The anticipated rate cuts can further exceed a one-third increase in cross-border investments in the region in the second half of 2024, compared to the same period in 2023.
Among key gateway markets, Australia is likely to receive the highest volume of cross-border investments in H2 2024, marking a 129% increase from the previous year.
