News
Real Estate PE investments rise 28% in Q1 FY23, says a report by ANAROCK Capital


Mumbai, July 26, 2022 – Real estate PE investments registered an increase of 28% in Q1 FY23 as compared to Q1 FY22, states ANAROCK Capital’s latest FLUX report. Improved market sentiments, widespread vaccine coverage, and lifting of lockdown restrictions helped this revival.


Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “The revival primarily rode on the top 5 private equity deals, which accounted for 90% of the total value of PE investments in Q1 FY23. There has been 53% increase in average ticket size in Q1 FY23 when compared to Q1 FY22. Equity contribution to the total PE investments in Indian real estate increased to 87% in Q1 FY23 from 84% in Q1 FY22.”
Unlike Q1 FY22, deal activity in Q1 FY23 shifted back to multi-city deals, from the previous focus on single-city deals. NCR has gained significant attention from PE investors, with the highest city-wise inflow at 48% in Q1 FY23 – a huge increase from 1% in Q1 FY22.
Asset Class-wise Funding
In Q1 FY23, deployments by JV platforms into in the commercial real estate sector have increased significantly at 74%, especially in Grade A office spaces which are drawing very high investor interest.
The Industrial & Logistics sector is also showing increased potential, with the creation of a new JV platform between Ivanhoe Cambridge, Bain Capital & Macrotech Developers for an investment of USD 1 Bn.
Domestic vs Foreign Funding
Foreign PE investors displayed increased confidence, with their contribution increasing to 89% in Q1 FY23 from 83% in Q1 FY22.
-
Interviews4 weeks ago
Building an ecosystem where people could work, play and entertain, says BHIVE CEO
-
New Launches4 weeks ago
Aludecor aims Rs 1100 cr turnover by 2025 from new products and exports business
-
Tech Take4 weeks ago
IoT and M2M: How the two techs differ
-
News3 weeks ago
Happiest Minds purchases 2.4 lakh sq ft office space in Bengaluru
-
Interiors4 weeks ago
Bonito Designs join hands with Gauri Khan, Manish Malhotra to offer bespoke home interiors to the first few customers
-
New Launches3 weeks ago
L&T Realty signs up for three projects worth $ 1 bn in prime locations of MMR
-
News3 weeks ago
125 new project registration applications in UP RERA during the period of Jan-June’22
-
News3 weeks ago
Delhi RERA Chairman alerts realty sector on stronger scrutiny & punitive action on projects defying RERA registrations