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PE investment in realty dips 4.6% to Rs 9,600 cr in Q1 2017

New Delhi: Private equity investment in real estate fell 4.6 percent to nearly Rs 9,600 crore during the January-March period of this year even as office segment saw the highest inflow since 2009, according to property consultant Cushman & Wakefield. Office segment witnessed private equity (PE) investment worth Rs 5,600 crore in the first quarter of 2017 calendar year as against Rs 2,900 crore in the year-ago period. PE investment in housing also increased but fell sharply in retail and mixed-use developments.

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