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Bengaluru One of the Top APAC Cities to Attract Massive Foreign Investments
June 21, 2019
Property Consultant CBRE said that Bengaluru is now one of the top 10 cities that have attracted the highest amount of cross-border investments in the Asia Pacific (APAC). For the metro city, it is a first at 1.6 billion USD worth of inflow just last financial year.
The consultant, in its Asia Pacific Investor Intention Survey 2019 said that India was one of the top 5 preferred markets in APEC after the rollout of the first Real Estate Investment Fund (REIT) as that led to increased market transparency.
Bengaluru is one of the fastest growing cities in India with some of the biggest companies in domains like healthcare and IT. In FY18, around 800 million USD worth of investments were made in real estate in Bengaluru.
Photo credit: dritzdcool on VisualHunt / CC BY-SA
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