Institutional investments in real estate rise 45% in Jul-Sep: Colliers

Institutional investments in real estate grew 45 per cent to nearly USD 1.15 billion in July-September with investors looking to encash the strong demand for premium homes and offices, according to Colliers.

Consultant Colliers India data showed that the institutional investments in real estate during July-September stood at USD 1,148.7 million as against USD 793.4 million in the year-ago period.

Among different assets class in the overall real estate market, the consultant noted that office segment attracted USD 616.3 million during the third quarter of this calendar year, a more than seven-fold jump from USD 79.1 million in the year-ago period.

The residential segment, which has seen a significant surge in demand post COVID pandemic, saw a 40 per cent growth in investments to USD 384.8 million from USD 274.6 million.

Industrial & warehousing segment witnessed a fall of 72 per cent in fund inflow to USD 95.2 million from USD 340.3 million.

Investments in mixed use projects almost