By Swaraj Singh Dhanjal
Equitativa feels the Indian market presents the right opportunity for REITs, given that economy is doing well and the regulations around the asset class are conducive.
India’s commercial real estate sector has been a saving grace with the residential sector witnessing a slowdown that has lasted for over four years now. Bengaluru and Hyderabad have led the office space leasing momentum.
Brookfield, which owns $250 billion of assets worldwide, has been on an expansion spree in India with multiple buyouts in the recent past.
Krishnan and business partner Colin Au are working with an investment bank to gauge interest in Tropical Islands Resort in Brandenburg.
HNA bought the property for $255 million in August 2016.
Earlier this month, it completed acquisition of Woo Space, while it bought Hongtai New Space in January.
Amazon.com Inc., naturally, is the top occupier of industrial space in the U.S., with 102 million square feet spread over 258 facilities.
Almost 100 projects are up for sale, including office buildings, hotels, residential apartments and industrial facilities.
O1 Properties owns 15 business centres in Moscow worth more than $4 billion.
Chinese companies bought just $3.4 billion of properties in 2017, a 54 percent decline from the prior year.