Latest news with #BSERealtyIndex
NDTV
12 hours ago
- Business
- NDTV
Adani Realty No. 1 In 2025 Hurun List, Group Eyes $10 Billion Vietnam Investment
Adani Realty has been named India's most valuable unlisted real estate company for 2025, according to the latest GROHE-Hurun India Real Estate 150 report. The Adani Group has also signalled major global ambitions with a potential $10 billion investment in Vietnam. Led by Jackbastian K Nazareth and headquartered in Ahmedabad, Adani Realty is valued at Rs 52,400 crore. The Hurun Research Institute sees a broader cooling in India's real estate sector this financial year. The combined value of the top 150 companies rose 14 per cent to Rs 16 lakh crore ($188 billion), which is a significant slowdown from last year's 70 per cent jump. This is the lowest growth in the list's history. This also comes alongside a 12% drop in the BSE Realty Index. The sector added Rs 1.4 lakh crore in value, with growth rebounding after April as stable interest rates and sustained housing demand drove recovery. DLF continues to top the overall list with a valuation of Rs 2 lakh crore, followed by Lodha Developers (Rs 1.4 lakh crore) and Indian Hotels Company, Taj Group (Rs 1.1 lakh crore). Mumbai remains the epicentre of Indian real estate, hosting 42 companies on the list with a combined value of Rs 6.96 lakh crore. The list also welcomed 63 new entrants, including 29 debuting in the Top 100. The Hurun accolade comes as Gautam Adani looks outward, with Bloomberg reporting that the industrialist is open to investing up to $10 billion in Vietnam. The announcement was made during a meeting with Vietnam's Communist Party General Secretary To Lam in Hanoi. The Adani Group is exploring opportunities across infrastructure, energy, renewable power, and emerging technologies like AI, as part of its Asia-focused global expansion. The group already has a presence in Vietnam through Adani Ports and is considering a $2 billion investment in the Lien Chieu Port in Da Nang, after receiving an "in-principle approval" from the Vietnamese government. This follows Gautam Adani's recent visit to China to engage with equipment suppliers and explore strategic partnerships.
Time of India
13 hours ago
- Business
- Time of India
India's top realty developers now worth Rs 16 lakh crore, surpass Kuwait's GDP
The combined value of India's most valuable real estate companies stands at $188 billion, or Rs 16 lakh crore, up Rs 1.9 lakh crore from a year ago, exceeding the Gross Domestic Product of Kuwait and the combined GDP of Jordan and Bulgaria, according to a joint study by GROHE and Hurun India. The annual assessment, profiling the country's top 150 real estate firms by enterprise value, reported a 14% annual growth in cumulative valuation, significantly lower than last year's 70% surge. The BSE Realty Index also reflected this slowdown, with a 12% decline. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Data Science MCA Others MBA others Data Science Leadership CXO Technology healthcare Degree Finance Healthcare Cybersecurity Design Thinking Digital Marketing PGDM Product Management Project Management Artificial Intelligence Management Operations Management Data Analytics Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Despite the tempered pace, the sector continues to expand its footprint. Sixty-three companies debuted on the list this year, 29 of them directly entering the top 100, indicating widening investor confidence. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Also Read: How will TCS layoffs affect India's real estate sector? Mumbai leads the real estate map with 42 companies, holding a cumulative valuation of Rs 6,96,800 crore. Bengaluru follows with 23 companies worth Rs 1,97,400 crore, while New Delhi ranks third with 16 companies valued at Rs 89,700 crore. Hyderabad and Pune, with 13 companies each, come next, and Gurugram hosts 12 companies with a combined worth of Rs 3,23,300 crore. Live Events DLF has retained its title as India's most valuable real estate company for the second year, with a valuation of Rs 2.07 lakh crore. Lodha Developers ranks second at Rs 1.38 lakh crore, while Indian Hotels Company , which saw a 36.8% jump, secured the third position with Rs 1.08 lakh crore, highlighting hospitality's growing role in the sector. Among unlisted companies, Adani Realty leads with a valuation of Rs 52,400 crore. The entry threshold for the list dropped to Rs 1,000 crore from Rs 1,160 crore last year. 'Despite early-year turbulence due to global conflicts and input cost pressures, the industry added Rs 1.4 lakh crore in value, led by a sharp post-April recovery... signalling renewed investor confidence and structural depth in India's real estate ecosystem,' said Anas Rahman Junaid, Founder and Chief Researcher, Hurun India. The list highlights trends such as rising institutionalisation, regional expansion, and the growth of hospitality and co-working formats. Twenty-two hospitality firms now contribute Rs 2.76 lakh crore in value. Schloss Bangalore , just six years old and valued at Rs 13,600 crore, is the youngest company on the list. Also Read: Real estate sentiment improves in Q2 2025 as demand, liquidity and policy support boost outlook: NAREDCO Index A total of 33 firms are now led by professional CEOs, and four are headed by women. The youngest leader is 31 years old; the oldest is 88. Regionally, the western belt leads with a 41% share of total value, followed by the southern region with 31% and the northern region with 25%. The residential segment continues to dominate, accounting for 67% of the companies. An increase in listed entities to 65 from 48 also signals stronger capital market validation for real estate. Recent IPOs like Ventive Hospitality and Schloss Bangalore further underscore the sector's growing investor appeal.
Time of India
22-07-2025
- Business
- Time of India
India Office REITs outperform Realty Index, attract global investors: Cushman & Wakefield study
Indian office REITs are showing strong growth. They are outperforming the real estate market. Investor interest is increasing. Global Capability Centres are driving leasing demand. REIT-owned properties are capturing a bigger share of the Grade A office market. A new office REIT, Knowledge Realty Trust, is expected to launch soon. India's REIT market is among Asia's fastest growing. Tired of too many ads? Remove Ads Global capability centres power leasing momentum Tired of too many ads? Remove Ads REITs capture bigger share of India's grade A office market New listings on the horizon India among Asia's fastest growing REIT markets India's Office REITs are fast emerging as a resilient wealth-creation avenue, outperforming the broader real estate market and drawing increasing investor to Cushman & Wakefield 's latest Asia REIT Market Insight 2024–25, Indian office REITs recorded over 15% capital appreciation in the past 12 months, surpassing the performance of the BSE Realty Index, which witnessed a correction during the same study highlighted that India and China remain the key growth engines for the Asia REIT market in 2024, even as mature markets like Japan, Singapore, and Hong Kong trend towards stabilization. 'India's REIT market continues to carve a strong trajectory, with exceptional growth seen across the office sector,' said Somy Thomas, Executive Managing Director, Valuations and Co-Head, Capital Markets, India at Cushman & Wakefield.A key driver behind this robust performance has been the surging leasing demand from Global Capability Centres ( GCCs ), which increasingly prefer institutional-grade office spaces offered by REITs. According to Cushman & Wakefield, GCCs accounted for 40%–60% of total leasing demand in REIT assets, compared to their overall average of 28–29% across India's office of June 2025, India's REIT landscape comprises three office REITs and one retail REIT, collectively managing over 105 million sq ft of operational space, with plans to add another 23 million sq ft under development. REIT-owned properties now account for approximately 13% of India's total Grade A office stock, a significant jump driven by demand from multinationals, BFSI firms, and engineering Chen, Director, Investor Client Intelligence & Insights, Asia Pacific at Cushman & Wakefield, noted, 'India's performance emphasizes the growing strength of the country's institutional-grade real estate. These markets continue to create new and exciting opportunities for investors targeting Asia.'The Indian REIT market is set to grow further, with Knowledge Realty Trust, backed by Blackstone and Sattva Developers, expected to launch India's fourth office REIT by the end of 2025. With 48 million sq ft of Grade A office space, it is poised to become one of the largest REITs in India upon mature markets like Japan, Singapore, and Hong Kong are focusing on operational efficiencies amidst global monetary challenges, India stands out among Asia's emerging markets. Alongside China and Thailand, India recorded a 13% growth in its REIT market during 2024, as per Cushman & Wakefield's data. This growth is underpinned by strong economic fundamentals, increasing foreign investor interest, and rising demand for premium office spaces.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Hans India
18-07-2025
- Business
- Hans India
Office REITs outperform BSE Realty Index: Report
New Delhi: India's office real estate investment trust (REIT) markets outperformed the BSE Realty Index, recording over 15 per cent capital appreciation in last 12 months (up to June 2025), a report showed on Thursday. The key driver has been the underlying strength of India's office real estate market, triggered by heightened demand from global capability centres (GCCs), engineering and manufacturing, and BFSI firms. There has also been a growing preference among occupiers for premium grade assets, thereby significantly benefiting REITs, said Cushman & Wakefield's 'Asia REIT Market Insight 2024-25'. India's REIT markets showed robust growth in 2024 and are expected to continue to attract strong investor interest this financial year 2024–2025 (ending March 2025) was a strong one for India's office REITs. The three office REITs collectively garnered leasing volumes of more than 16 million square feet, which accounted for close to a fifth of the gross leasing volume (GLV) across the top eight cities in the country. As of June 2025, the Indian REIT market comprised three office REITs and one retail REIT, collectively managing an operational portfolio of over 105 million the number of listed REITs remained constant over the past year, their combined portfolio grew by more than 12 per cent, raising the institutional share to approximately 13 per cent of India's total Grade A office stock. Apart from this, more than 23 million sft of new office space is under construction or is planned by the existing office REITs, and it is expected this new supply to be added to the total REIT portfolio in the coming years, said the office asset REITs have attracted a considerable share of demand from GCCs, which is an important growth driver for India's office markets. At a pan-India level, GCCs have accounted for 28 per cent–29 per cent of gross leasing volume on average over the last four quarters up to Q1 2025.'India's REIT market continues to carve a strong trajectory, with exceptional growth seen across the office sector. Multinational companies, especially GCCs have driven record leasing activity, which now accounts for a significant share of the nation's Grade A office stock,' said Somy Thomas, Executive Managing Director, Valuations and Co-Head, Capital Markets, India at Cushman & Wakefield.
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Business Standard
17-07-2025
- Business
- Business Standard
Office Reits beat BSE Realty Index amid 'heightened demand': Report
Office real estate investment trust (Reit) stocks did better than the BSE Realty Index in the 12 months up to June 2025, overcoming the underperformance they had clocked for almost two years. All three office Reit stocks delivered more than 15 per cent capital appreciation, according to a report by Cushman & Wakefield. The BSE Index corrected in the same period. Reit stocks were helped by the strength of India's office real estate market, which has seen 'heightened demand' from global capability centres (GCCs), engineering and manufacturing, and financial sector firms. Customers preferring premium-grade assets has benefitted Reits, too, said the report. GCCs accounted for 28-29 per cent of nationwide gross leasing volume on average over the last four quarters up to Q1 2025. Office Reit landlords were able to achieve a much higher share —between 40 per cent to 60 per cent of total leasing demand from GCC firms — rendering institutionally owned assets the preferred choice for many multinational occupiers. There are three office Reits in India — Mindspace Business Parks Reit, Brookfield India Reit, and Embassy Office Parks Reit — and one retail Reit: Nexus Select Trust. This is the lowest number of active Reits among Asian peers, which together have a total of 263 active Reits with a market value of $235.8 billion. Compared to market leaders Japan and Singapore, which together make up $158 billion of market value as of December 2024 — cornering more than 60 per cent of the Asian market — India's share stands at 4.6 per cent with a market value of $11 billion. A fourth office Reit in India is expected to make its listing debut by this year's end, the report said, pointing to Knowledge Realty Trust, which is backed by Blackstone and Sattva Developers. With 48 million square feet (msf) of pan-India grade A office space (37 msf operational and 11 msf under development), Knowledge Realty Trust is expected to become one of the largest real estate investment trusts listed in India. 'India's Reit market continues to carve a strong trajectory, with exceptional growth seen across the office sector. Multinational companies, especially GCCs, have driven record leasing activity, which now accounts for a significant share of the nation's grade A office stock,' said Somy Thomas, executive managing director, valuations and co-head, capital markets, India, at Cushman & Wakefield. 'All three office Reits in India achieved occupancy rates close to 90 per cent at the end of Q1 2025.' FY25 was a strong year for India's office Reits, as they collectively garnered leasing volumes of more than 16 msf, which accounted for close to a fifth of the gross leasing volume (GLV) across the top eight cities in the country. India, along with China and Thailand, is expected to continue to grow, bolstered by strong economic fundamentals and supportive regulatory frameworks, analysts at the firm said, adding that mature markets of Japan, Singapore and Hong Kong are expected to focus on enhancing operational efficiencies while grappling with the challenges posed by global monetary policy shifts. Cushman & Wakefield's report noted that data centre and hospitality Reits are expected to remain highly visible on investors' radar, driven by AI advancements and recovery in the tourism sector, respectively. Additionally, M&A activity is likely to pick up as players seek scale and diversification to better weather market fluctuations.
