According to a real estate consultant, first half (H1) of 2016 witnessed the highest annual private equity (PE) investments in retail with over Rs. 3,350 crore being invested, compared to only Rs. 250 million invested in the first half of 2015. This is the highest annual PE investment made since 2008.
Owing to factors such as improved leasing activity, relaxed government policies and positive economic outlook, institutional and PE investors are more confident towards investing in retail assets. Moreover, with the government clearing tax hurdles for Real Estate Investment Trusts (Reits), PE funds are increasingly exploring opportunities in the retail sector as these assets can also be listed under a Reit portfolio.
Read more: Livemint
