LOCATION. In the space of three months real estate, power, 2 other sectors attract $8.35 billion!

 

In the first quarter of 2021, the real estate, power, manufacturing and agriculture sectors received an investment of $8.35 billion because they made the four top investment destinations. doha property finder

The transportation system (42 percent), information and communication (33 percent), mining and quarrying (21 percent), and agriculture (4 percent) took the lead in the same period in 2020.

This was disclosed in its Report of Investment Announcements, Q1 2021 by the Nigerian Investment Promotion Commission (NIPC).

It said the manufacturing industry received most investments, representing 60% (5.08 billion dollars), followed by construction (2.90 billion dollars), electricity (0.26 billion dollars) and agriculture (0.11 billion dollars).

NIPC report highlights

In Q1 2021, the federal government was the main source of investment with 35% ($2.95 billion). This was contrary to the record in 2020, when the United States of America, with 42% of the announcements, was the most active source of investment.

South Africa accounted for 33 percent, 16 percent of domestic investors and 8 percent of the investments tracked in the United Kingdom.

Morocco ($0.40 billion), United Kingdom ($0.24 billion), and the United States ($0.08 billion) were other sources of investment in Nigeria.

Nigeria has received 15 projects in eight countries as compared to Q1 2020, with 19 in fourteen states, including the Federal Territory of Capital (FCT).

What should you know about this report?

However, the Commission stated that the report could not provide exhaustive information on all investment announcements in Nigeria during the review period because it was only based on the 340 news items quoted by the NIPC from January to March 2021.

Q1 PE Immobilien investments total Rs 13,500 crore: Savills India!

PE investment in the sector amounted to 0,65 billion USD in the first quarter of 2020, according to a report titled 'India Investment Market Watch. Q1 2021 clocked nearly one third of the investment inflows experienced by the sector throughout 2020.

According to Savills India, private equity (PE) investment inflows into the real estate sector of India stood at US$1.9 billion (about Rs13.500 crore) in the first quarter of 2021.

In Q1 2020, investments of PE in the sector amounted to USD 0.65 billion, the Indian Investment Market Watch report said. The first quarter of 2021 clocked about a third of the sector's investment inflows throughout the year 2020.

Savills said the commercial office assets were still the frontline of the industry despite the remote work culture, gaining more than half (58 percent) of the investment pie.

All the quarterly investment was made by foreign institutional investors and was concentrated mainly in Bengaluru and Hyderabad, both southern cities.

Strengthening middle income and affordable residential sales generates more interest from offshore investors and will materialize in the upcoming times in commitments towards this sector, Savills said.

Increased demand for warehousing services, particularly from e-commerce and third-party logistics operators, has led to institutional private equity investments in the sector.

Investors like Blackstone and Ascendas Firstspace developed and invested USD 730 million (Rs 5,300 crore) in industrial sites in the towns of Pune, Bengaluru, Hyderabad and Chennai in the first quarter of 2020.

"The notable real estate recovery and increased investment inflows in this sector mark the recovery of investors' confidence following the pandemic slowdown last year," said Diwakar Rana, Savills India's Capital Markets Director.

The Q1 of 2021 has registered a number of brand deals and volumes as well as the speed of similar transactions, he said.

"Through the strong drive for commercial real estate in Bengaluru and Hyderabad and increased residential demand, more PE funds are likely to be attracted," says Rana.

 

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