Real estate sector registers $5 billion institutional fund inflows in 2020: JLL
There were 27 deals transacted in 2020 over 54 in 2019; Office assets account for a major share of investments in 2020; Bengaluru continues to attract maximum investments
Despite a sudden halt brought on by the COVID-19 pandemic, institutional investment in the Indian real estate staged a recovery during Q4 2020 with $3.5 billion investments, a new report has said, adding Bengaluru continued to attract maximum investments.
As a result, 2020 closed with $5 billion investments, equivalent to 93 percent of 2019 transactions ($5.4 billion), as per JLL’s ‘Capital Markets Update: Q4 2020’ report. As many as 27 deals were transacted in 2020 over 54 in 2019.