Foreign funds account for 60% of PE investments in realty in 2017

Arya said both offshore and domestic investors are investing in the office market

Foreign funds accounted for 60 per cent of investment by private equity (PE) entities in real estate during 2017, says a study.

"Like 2017, we expect foreign investors dominating investment volume in 2018, with office and industrial sectors in focus. With the Goods and Services Tax in place and the recently accorded infrastructure status for logistics, the industrial and warehousing sector has become an attractive proposition," said Anshul Jain, country head at Cushman & Wakefield.

While the residential sector continued to get the largest share of investment, the amount declined by 29 per cent from a year before, to Rs 156 billion.

"Offshore