Real estate has been one of the oldest and preferred investment avenues for this investor segment. In India, real estate is preferred due to its tangible nature, stable income, steady returns and collateral value. These investments have undergone a transition over the last decade and offices have become one of the most preferred choices now. India has more than 600 million sq ft of Grade-A office space across its top seven cities in Q1 2020 and saw record absorption, steady rentals and low vacancy levels until the onset of the global pandemic.
“Real estate, which plays the dual role of contributor as well as a beneficiary of growth, will prove to be the most important asset class in the HNI portfolio due to its tangible nature and associated wealth indication. Furthermore, the nature of investments within real estate has seen diversification with higher allocation towards commercial assets and investments in publicly traded Real Estate Investment Trusts (REITs), helper investors reimagine deployment strategies,” said Ramesh Nair, CEO & Country Head (India), JLL.
The study of investments in real estate, which accounts for the largest share of the HNI investment pie after equity, forms the basis of this report. The COVID-19 pandemic has impacted all economic activities, and investments are being held back due to a high level of uncertainty in the market presently. The impact on businesses and wealth erosion is expected to weigh on the investment decisions of HNIs. JLL sees challenging times ahead and it is perhaps the best time to think through our investments and make insight-based decisions.
Real Estate - The Most Preferred Investment Option After Equities
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