Jabong Mailer (CPA)

Sunday, 17 July 2016

Temasek Holdings is for the first time considering investment in real estate as an asset class in India. Last year, private equity-owned real estate funds invested $5 billion in India, which is the highest since the 2008 financial crisis, according to investment advisory firm Venture Intelligence.

The Singapore government-owned company is one of the largest investors in India, with a net investment portfolio of about $9 billion, or five per cent of its $179-billion global portfolio.

“We are hopeful to tap real estate assets in India,” said Ravi Lambah, co-head India, Temasek International. “It is a more recent development that we have been looking at it. We have done a few such investments outside last year and now we are evaluating it in India.”

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