PE funds invest USD 486 million in office realty during Jan to June
Renewed confidence among institutional investors has pushed private equity flows into commercial real estate in the first half of 2016 even beyond the cumulative investments witnessed during the whole of last year. Office realty has received over USD 485.97 million investments from private equity funds during January to June against USD 481.94 million in 2015, a JLL India study showed. Given the steady rise in these investments, private equity inflows into commercial real estate in 2016 may even cross the previous five-year high of USD 645.22 million seen in 2014.
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