Commercial realty receives $ 2.6-bn investment

In a major boost to the country’s real estate sector, the commercial segment attracted inbound cross-border investments worth $2.6 billion over the past 12 months, while outbound investment stood at $0.7 billion. UK, Netherlands, Germany, US and Australia remained the top destinations of Indian capital investments, showed data from property consultancy Knight Frank. Singapore, with investment volumes of $0.7 billion, turned out to be the biggest capital source country, followed by Australia and Japan. Currently, India ranks 20th in terms of top capital importing countries globally. The data showed that the geopolitical factors coming into play, prolonged global economic cycle, and interest rate in late cycle investment are prompting cross-border capital flows. Indian investors are increasingly looking at international commercial real estate assets to diversify risk and increase their returns, said CMD, Knight Frank India, Shishir Baijal.