REITs and private equity firms fuel $1 billion in real estate deals in Q1 2025: Report

Dated on: Tuesday 22nd April 2025

India's real estate sector recorded over $1 billion in deals in Q1 2025, driven by REITs and private equity (PE) firms, as per Grant Thornton Bharat. PE contributed 88% of total deal values, with 17 deals amounting to $1.1 billion. Notable transactions include Mindspace Business Parks REIT’s $234 million acquisition of Sustain Properties in Hyderabad, and Capitaland India Trust’s $175 million investment in MAIA Estates Offices in Bengaluru. In residential, Blackstone acquired a 40% stake in Kolte-Patil Developers for $134 million, and Mitsubishi Estate took a 49% stake in Birla Estates for $64 million.