International firms to invest in Indian realty
One of the largest pension asset managers, APG Asset Management, Abu Dhabi Investment Authority and the Government of Singapore Investment Corp are to invest in Indian real estate market .
APG, which manages about 300 billion euro in assets, now plans to work directly with real estate developers, as it looks to establish a stronger footprint in the country’ real estate sector.
One of the world’s largest sovereign wealth funds, Abu Dhabi Investment Authority has so far invested some $500 million in India, largely through realty or private equity funds is also looking for direct investment options.
The Government of Singapore Investment Corp, which manages over $100 billion of investments across 40 countries, is also scouting for commercially leased-out assets in Bangalore, Chennai and Delhi. It plans to invest between $75 million and $250 million in India.
APG, APG Asset management, Investors in India, projects in India, Real estate in India, Real Estate India, Real estate investment, Real Estate investment in India, Real Estate Sector, Realty News, Residential projects
