Bengaluru among top-10 investment destinations

The capital of the southern state of Karnataka has become the first Indian city to be featured in the list of top ten destinations for cross-border investments in the CBRE's Asia Pacific Investor Intentions Survey 2019

June 19, 2019

Total real estate investment in Bengaluru has more than doubled in 2018-2019 as compared to 2017-2018

International interest in India has been driven by enhanced market transparency, new infrastructure and growth opportunities

A shift in investment strategy towards smaller-sized transactions has resulted in a stronger focus on emerging markets

Bengaluru offers several investment grade options in office, retail, as well as residential segments.

In a first for Indian cities, Bengaluru has been featured in the list of top ten destinations for cross-border investments, according to CBRE’s Asia Pacific Investor Intentions Survey 2019, released on June 19. The total real-estate investment in the city more than doubled in 2018-2019, as compared with US$800 million investment in 2017-18. India had also come up in top-five preferred markets in APAC with the launch of the first Real Estate Investment Trust (REIT) earlier this year. International interest has especially been driven by enhanced market transparency, new infrastructure, and potential growth opportunities.

As compared with 2018, when only 2 per cent of respondents chose India as their preferred location for investments, the interest more than tripled to 7 per cent in 2019. Additionally, the study found that a concurrent theme for investors in the region is a focus on sustainability. This year’s survey also discovered a slight shift in investment strategy towards smaller-sized transactions, below US$250 million. These factors will result in a stronger focus on value-added and opportunistic deals, particularly in emerging markets, led by China and India.

The majority of investors in Asia Pacific retain an investment interest towards commercial real estate. Anshuman Magazine, Chairman and CEO (India, South East Asia, Middle East and Africa) CBRE, said that, given its significant talent base and world-class infrastructure, Bengaluru offers several investment-grade options in office, retail, as well as residential segments.

Considered to be one of the fastest-growing cities in the country, it comes as no surprise that Bengaluru is the first Indian city in the list of preferred investment destinations. The nation’s technology capital has seen an increasing number of international corporates setting up home base there. Bengaluru is home to important players from varied sectors, including information technology, biotechnology, pharmaceuticals, and manufacturing. 

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