Indian cities of Bengaluru, Chennai, Hyderabad and Pune are likely to outstrip other cities in the Asia-Pacific region (APAC) in investments in office assets, predicts global property consultant Cushman & Wakefield.
The agency said, while the real estate investment volumes in Asia Pacific are expected to hit $611 billion in 2017, India is projected to be one of the best placed among emerging markets.
Siddhart Goel, senior director, research services at Cushman & Wakefield said, “Most of the global investment for this year will be made in commercial office assets as markets in Bengaluru, Chennai, Hyderabad and Pune are well placed to outperform other cities from emerging economies in Asia-Pacific.”
Read more: The Economic Times