India's Asian Market Dominance

Despite factors such as higher interest rates worldwide, geopolitical tensions across the globe, and China's economic slowdown impacting equity deal making across Asia, India consistently stands out as a promising investment destination offering stability and growth opportunities in an uncertain international landscape.

• Reports indicate a surge in foreign funds flow into Indian equities last month, solidifying its position as a top investment destination in Asia. Foreign Institutional Investors (FIIs) injected $3.63 billion, their highest spending since December 2023.

Moreover, India has emerged as the second busiest market in the world for equity capital market deals, following the United States. Indian companies raised $2.3 billion in the first quarter of 2024 in IPOs, up more than 12 times compared to the same period last year, according to LSEG data.?

In the face of impending challenges, including the anticipation of a rate cut in FY25, India's strong fundamentals and proactive policy measures position it favourably for sustained growth. Industry experts foresee the growing pipeline of large block trades and listings continuing to attract more funds to the market.

• These positive prospects are further bolstered by efforts to strengthen ties between the US and India, lead by US Ambassador Eric Garcetti. This initiative aims to attract more investment from American pension funds and private equity firms.

The efforts are yielding results: Blackstone Inc. announced a plan to expand its Indian private equity assets by $25 billion in the next five years. The firm also aims to bolster its presence in India by hiring 20 additional investment professionals and doubling its office space in Mumbai's Nariman Point.

Discover more about the growth of REITs and global investments by attending GRI Offices India, where Alok Jain, Managing Director at Blackstone, will moderate our ‘REITs vs. Global Headwinds’ discussion. For its 5th edition, the event will gather the biggest names in the industry to discuss the changing landscape of the Indian real estate commercial sector.?

Read more and register to attend HERE.

Workplace Wisdom with Sanjay Choudhary

"I believe the current challenge is managing the demand," stated Sanjay Choudhary, Founder & CEO of Incuspaze Solutions, "which is a good problem to have."

• In a discussion with Gustavo Favaron, CEO & Managing Partner of GRI Club, at India GRI 2023, Sanjay emphasised the importance of finding the right assets and executing transactions effectively. He articulated, "It's about leasing the asset, leasing it right, delivery on time, and managing the operations well."

Sanjay also highlighted the contrasting work dynamics in the coworking market between London and India. He pointed out the obligation for many Indian employees to return to the office and the disparity in home setups, particularly in terms of infrastructure, when compared to London.

?? CLICK HERE to watch the full interview with Sanjay Choudhary.?

Sustainable Strategies with Michelle M. Farrell

"If you do not address climate change today, investors are worried that this is going to cause financial problems in the future for your company," said Michelle Farrell, Senior Operations Officer at IFC, highlighting the crucial importance of adopting green practices in the contemporary business landscape.

• In her conversation with Gustavo Favaron, CEO & Managing Partner of GRI Club, at India GRI 2023, Michelle emphasised that ESG reporting is no longer a mere trend but a mandatory requirement in many countries, as seen with India's imminent Business Responsibility and Sustainability Reporting (BRSR).

Exploring the commercial markets, Michelle underscored the significant impact of multinational companies dedicated to sustainable initiatives. These companies, aiming to reduce emissions across their property network, increasingly favour spaces with green building certifications.

?? CLICK HERE to watch the full interview with Michelle Farrell.?

Explore buildings with state-of-the-art technology and stay ahead of global trends by joining the India GRI - New York Edition. Gain invaluable insights for strategic decisions, participate in high-class private meetings, and attend the special session, "Investing in India - Why, When, Where, How". The event will take place at the Marriott Downtown in New York on May 15th and 16th.

Find out more and register to attend HERE.

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Corporate Radar:

?? Embassy REIT plans to raise up to $400 million, hires banks, says report

?? Sobha, DLF, Phoenix Mills and 3 other realty stocks delivered 100%-235% returns in FY24; check full list

?? Sunteck Realty Ltd leases second commercial building in Mumbai for 29 years to generate rent revenue of over ?2000 cr

??? ADIA, Kotak to invest ?2,001 crore in four housing projects of Prestige Group

??? Hinduja Group’s GOCL Corp to monetise 264.50 acres in Hyderabad for Rs 3,402 crore

?? NCLT approves merger between Hinduja Group’s healthcare, real estate companies

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