Retail records highest PE investments in H1 2016 since 2008 – Feedback

The first half of 2016 has witnessed the highest annual private equity (PE) investments in the retail sector with over Rs 3,350 crore being invested, compared to only Rs 250 crore invested in H1 2015, said property consultant Cushman and Wakefield. This is the highest annual PE investments made since 2008.

The jump was mainly attributed to factors such as improved leasing activity, relaxed government policies and positive economic outlook, coupled with confidence index rising among the institutional and PE investors towards investments in retail assets. Anshul Jain, Managing Director, India, Cushman & Wakefield, said “The Indian retail market appears to have bottomed-out from its slack and is expected to grow in the coming years. In addition to consumer spend, which increased by 10% during last 12 months, E-commerce is also contributing majorly to the increased retail spending by Indian consumers.”

http://economictimes.indiatimes.com/industry/services/retail/retail-records-highest-pe-investments-in-h1-2016-since-2008/articleshow/54464645.cms

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