While commercial real estate continues to record healthy pick-up, investors are still approaching the segment with caution. Private equity players and other investors believe that the euphoria around current growth may also lead to certain investment mistakes as was the case in the previous cycle between 2005 and 2008. In the past three years, about $1.6 billion have been raised through the joint venture platform with the mandate to acquire foreign direct investment (FDI)-compliant, stabilised office buildings in major metropolitan areas in India.
Read more: Economic Times
