Bengaluru, Chennai, Hyderabad, Pune Predicted to Attract Highest Amount of Investment in Office Assets in 2017

Bengaluru, Chennai, Hyderabad, Pune Predicted to Attract Highest Amount of Investment in Office Assets in 2017: Cushman & Wakefield

·        Asia Pacific volume accounts for 44% of global investments, higher than North America (34%) and EMEA (22%)

·        APACremains a beacon for emerging market prospects and a hotbed for development opportunities

Mumbai, April 27, 2017 – 

With real estate investment volume in Asia Pacific expected to hit USD611 billion in 2017, India is projected to be one of the best placed among emerging markets according to Cushman & Wakefield’s The Atlas Summary 2017, which analyzes and predicts future trends in real estate investment activities across the world.

While real estate investment volumes in Asia Pacificare expected to increase only marginallyby 1.6% from the USD 601 billion in 2016, the region will still account for 44% of the total global real estate investment volumeof USD1.39 trillionexpected in 2017.

Investment Volumes (including land and multi-family, assets over USD5 million)

Region	Volumes in 2016 (USD billion)	2017 Outlook (USD billion)	% Change
EMEA	289.2	307.3	6.3
Latin America	4.09	5.01	22.5
North America	479.2	470.8	-1.8
Asia Pacific	601.3	611.0	1.6
Global	1,373.7	1,394.3	1.5

Source: Cushman & Wakefield, RCA

Mr. Siddhart Goel, Senior Director, Research Services, Cushman & Wakefield said,“The global real estate investment volumes in India amounted to 4,731 million USD in 2015 and 4,871 million USD in 2016, indicating a 3% annual increase and 2017 is expected to mark a similar investment volume. This is because global investors are optimistic that despite the withdrawal of high value bank notes resulting in a short-term fall in economics activities, the reduction in its grey economy and recent electoral gains will strengthen Prime Minister Modi’s hand to push through reforms to boost long-term economic potential. 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.” 

Mr. Siddhart Goel,
Senior Director, Research Services,
Cushman & Wakefield

Outsourcing will continue to push demand in the leading tech hubs while co-working will add to demand in gateway cities. Some of the leading emerging market opportunities will be found in Asia, particularly if economic conditions stabilize and reforms continue. The region overall is in a stronger position than in past cycles with economic resilience generally up.

Patterns of performance will however polarise further as a function of macro-economic risks. The changing and polarizing nature of the monetary cycle and quantitative easing will add to uncertainty. Investors need to focus on the fundamentals and on what makes a city and a property work for its occupiers. Hence the current pressures on the market are only going to increase: be that the pressure to find stock, the pressure to raise prices or the pressure to find new areas of opportunity.

About Cushman & Wakefield..!

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. 

Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. 

Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

For further information, please contact:  Piyali Dasgupta Sr. Director, Marketing & Communications, India 09833571204 Piyali.dasgupta@ap.cushwake.com

Ashwathi G Athilat SSr. Manager, Marketing & Communications, India 08879937416ashwathi.athilat@ap.cushwake.com

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