House Buyers of America Increases 2019 Q3 Revenue by 80% over Same Period in 2018

The award-winning high-tech homebuying company takes market slowdown concerns out of the equation, guarantees homeowners a fast sale at top dollar value

CHANTILLY, VA, UNITED STATES, November 20, 2019 / — House Buyers of America (House Buyers), the leading high-tech homebuying company that is reinventing the industry with its direct, no ‘middle-man’ approach that charges no commissions or fees, announces the release of its third quarter financials.

House Buyers’ revenue grew by 80% in Q3 2019 over Q3 2018, with a 33% increase in settlements. In September 2019 alone, compared to August, 2019, the company’s settlements increased by 63%, resulting in a 54% expansion in revenue.

The House Buyers model is particularly valuable as 2020 approaches, and experts express concerns of a housing market slowdown and market recession. A recent panel of more than 100 housing experts and economists, moderated by, found that 51% of this group predicts home buying will decrease in 2020, while only 17% felt that activity would rise.

The growth that House Buyers continues to experience is attributable to its direct, no-hassle model that allows homeowners to sell their homes fast across the Washington, DC, Maryland, and Virginia regions, for top values. House Buyers works directly with homeowners with no need for a real estate agent or other ‘middle man.’ This allows House Buyers to drive results for homeowners, unaffected by the changing climate of the economy or real estate market.

“Home sellers are always in need of an option to sell their homes fast and for the best value,” said Nick Ron, CEO of House Buyers of America. “We buy houses and help sellers confidently and efficiently sell their homes for top dollar, while taking the climate of the market out of the equation. After an 80% increase in revenues this past quarter compared to Q3 2018, have no intention of slowing down.”

House Buyers of America (House Buyers) is a high-tech homebuying company headquartered in Chantilly, Virginia. As one of the leading cash homebuyers, House Buyers buys homes in Washington, DC, Maryland and Virginia, and went from $0 to $50 million in annual revenue in its first 3 years. For more information, please visit

Liz Gaither
RMR and Associates Inc.
+1 301-230-0045
email us here

Source: EIN Presswire

Andrew Wommack Ministries Exercises Lease Purchase Option Agreement

AWM Logo

For Former Sturman Industries Property In Woodland Park, Colorado

We are pleased to be making another investment in Teller County.”

— Chris Suess

WOODLAND PARK, COLORADO, UNITED STATES, November 20, 2019 / — In May of 2017, Andrew Wommack Ministries entered into a lease purchase agreement with Sturman Industries with the intent to purchase the Sturman property after the lease agreement was fulfilled. Andrew Wommack Ministries took possession of its new headquarters building on January 1, 2018. After substantial renovation, the ministry moved into the building in October of 2018, making Woodland Park, Colorado, its new home.

On October 30, the initial lease agreement was fulfilled, and Andrew Wommack Ministries exercised its option to purchase the 336 acres and existing building, located at the end of Evergreen Heights Dr. off Highway 67. A real estate contract was then signed to move forward with the purchase of the property. Negotiations on the sale closed on November 15.

“We are pleased to be making another investment in Teller County,” said Chris Suess, executive director at the ministry. Andrew Wommack, founder and president of Andrew Wommack Ministries and Charis Bible College, commented, “This has laid a foundation for all that God has for Andrew Wommack Ministries and Charis Bible College.”

About Andrew Wommack Ministries
Andrew Wommack Ministries reaches millions of people globally through its teaching ministry founded by Andrew Wommack. The message that Andrew teaches is centered on the truth of the Gospel with a special emphasis on God’s unconditional love and the balance between grace and faith. The message helps believers grow in their relationship with the Lord as they encounter it at conferences, on radio, on television, and via books, CDs, DVDs and other materials. In 2018, Andrew Wommack Ministries earned its 11th four-star (the highest) rating from Charity Navigator, America’s largest independent charity evaluator. Find Andrew Wommack Ministries at, on Facebook or on Twitter.

Eileen Quinn, PR Manager
+1 719-464-5619
email us here

Source: EIN Presswire

Waterproofing Admixtures 2014 Global Market Share, Trends, Segmentation & Forecast To 2026

Wiseguyreports.Com Adds “Waterproofing Admixtures– Global Market Share, Industry Analysis, Competitive Landscape, Strategies And Forecast To 2026”

PUNE, MAHARASTRA, INDIA, November 20, 2019 / — Waterproofing Admixtures Market 2019-2026

Report Overview:

A study on the global WATERPROOFING ADMIXTURES market reveals a detailed report about the progress, current state, and future forecast of the market. The objective of the market study is to define, segment, describe, and forecast the market as per various pre-defined categories. The report offers an overview of the competitive landscape of the WATERPROOFING ADMIXTURES market and profiles an extensive list of companies operating in the industry. The players are analyzed, shortlisted, and narrowed down in terms of their financial stability, revenue generation, product portfolio, and the various strategies employed to maintain or attain market growth.

Major Companies Covered:

The global WATERPROOFING ADMIXTURES market includes various leading players who are making consistent efforts to stand atop the market standings and lead the competitive rankings.

Pidilite Industries
W.R.Grace & Co.
Cera Chem
RPM International
Euclid Chemical
Dow Coring
Prema Water Proofing
Xypex Chemical Corporation
Wacker Chemie
Fosroc International

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If you have any special requirements, please let us know and we will offer you the report as you want.

Market Dynamics:

The report even analyzes the core competencies of the profiled players and the percentage of share they are contributing to the overall market. This is done so as to gain an idea about the state of competition in the market. The report comprises study of the various competitive developments being made in the market like partnerships, collaborations and acquisitions, research and development activities, investments, product introductions, and so on. For the report to offer a comprehensive and acute data about the current and potential state of the market, a forecast period was ascertained. This was done by considering 2019 as the base year of the forecast period and 2026 as the end year. The primary goal of the report is to aid the stakeholders with insightful answers about the market for them to make precise and comparatively accurate investment decisions in the coming years.

Market Segmentation:

The segmentation of the global WATERPROOFING ADMIXTURES market is a key aspect of the study. The report effectively distributes the market as per different categories and segments and assesses the probable growth of each of the segments over the defined forecast period.

Regional Description:

A big part of the market segmentation includes the regional segmentation. The global WATERPROOFING ADMIXTURES market was geographically distributed across some of the leading regions around the world. The market was thoroughly analyzed and the potential growth was determined across each of these regions to enable a precise geographic understanding of the industry.

Research Methodology:

The methodology applied for the research of the global WATERPROOFING ADMIXTURES market comprised data capturing of the revenue that is being generated by the players operating in the market through a number of secondary sources.

Table of Contents:

1 Introduction

2 Key Findings of the Study

3 Market Dynamics

4 Value Chain of the Waterproofing Admixtures Market

5 Global Waterproofing Admixtures Market-Segmentation by Type

6 Global Waterproofing Admixtures Market-Segmentation by Application

7 Global Waterproofing Admixtures Market-Segmentation by Marketing Channel

8 Competitive Intelligence – Company Profiles

9 Global Waterproofing Admixtures Market-Segmentation by Geography


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Wise Guy Reports
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Source: EIN Presswire

Tarps Now® Meets High Demand Levels from the EPC Construction Industry

Company’s Custom and Stock Sized Tarp Covering Products found in High Demand with EPC Contractors

ST. JOSEPH, MICHIGAN, UNITED STATES, November 19, 2019 / — Tarps Now® continues its rapid growth by and through the support of Engineering, Procurement and Construction (“EPC”) contractors requiring custom and stock sized tarp covering products and industrial fabrics to meet a wide range of construction focused needs. Of particular focus has been demand for Heavy Duty Tarps and Covers throughout the North American construction marketplace. EPC contractors are faced with demanding construction milestone schedules as well as a wide range of project related needs that require rapid processing, manufacture and delivery to construction sites throughout North America.

Tarps Now® has uniquely positioned itself to accept custom industrial tarp covering orders through its website based customization application that provides EPC contractors the means to select the desired type of industrial grade tarp covering fabric, as well as sizing, and a wide range of specifications that help contractors ensure they meet all their deliverable objectives on time and on budget when completing turn key projects.

Of particular note the EPC contractors served by Tarps Now® require accurate cost quotes and rapid order processing in order to ensure prompt order deliveries when EPC contractors are engaged in engineering, developing and constructing an increasing range of facilities serving heavy industry. Example include electric and gas utilities, oil and gas pipelines, retail shopping centers, multi-family community projects, and healthcare industry facility projects.

Tarps Now® EPC Contractor Products in High Demand:

About Tarps Now®

Tarps Now® features an extensive online catalog of heavy duty tarps, canvas tarps, poly tarps, custom tarps, vinyl tarps and industrial divider curtains. As specialists in custom canvas and vinyl tarps, they are the low-price leaders in their category. The company offers the convenience of fast, easy, online ordering as well as a knowledgeable staff to guide customers through the specification process insuring their project will be completed on time and in budget. Tarps Now® has the experience and scale to insure customer specifications are carefully followed and expectations exceeded for every project, large or small.

Michael Dill
Tarps Now, Inc.
+1 8888001383
email us here

Source: EIN Presswire

Two Earn CCIM Designation

GAINESVILLE, FL, UNITED STATES, November 19, 2019 / — Gainesville, Florida: Swift Creek Realty is proud to announce that Amber Crawford, Broker/Owner, and Carrie Cason, Broker/Associate have been awarded the CCIM (Certified Commercial Investment Member) Designation in a pinning ceremony that took place recently in San Diego, CA. This is a major accomplishment for Amber and Carrie. Not only are they joining a very select number of CCIM’s in the Gainesville/Alachua County area, they are the first commercial realtors in Lake City/Lake Butler to receive this honor. Swift Creek is fortunate to have two such accomplished professionals in house.

The path to earning the CCIM designation is extensive and includes advanced coursework in financial and market analysis, submission of a portfolio showing robust achievements in commercial real estate, as well as passing an intensive examination. Their accomplishment exemplifies Swift Creek Realty’s values of expertise, knowledge, connection and specialization and will allow them to assist customers in conquering the challenges of the real estate market and investment market. Amber and Carrie will use their proficiency in commercial investments as well as their passion for problem solving to find creative solutions for Swift Creek clients. Their acquisition of this prestigious designation adds to our legacy and professional accomplishments.

To learn more about our company and recent accomplishments, click here

About Swift Creek Realty: Founded in 2006, Swift Creek serves the North Florida region through a business philosophy rooted in the values of specialization, connection, grit and integrity. Swift Creek has a heritage of excellence, building on generations of family-based dedication to service in the real estate sector. When a family’s understanding of an industry runs generations deep, there’s a preconceived notion of trust and experience in the customer’s mind. We never forget that. While Swift Creek is a creation of the current generation, we honor the knowledge, experience and values we have inherited by using them as a springboard to success. Not only have we picked up the gauntlet of innovation, we’re chugging ahead with it at full steam.

Teresa Lloyd
Swift Creek Realty
+1 8008330499
email us here
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Source: EIN Presswire

Rently’s Patented Self-Touring Technology Adopted by Multifamily Operators Nationwide

New resident experience positions Rently to be the leader in the multifamily self-touring space

Rently was the perfect choice for us to begin self-guided tours…it allows for more choice for our renters, and it optimizes our operations by allowing the site teams to be more efficient”

— Heidi Turner, Principal of Blanton Turner

LOS ANGELES, CA, UNITED STATES, November 19, 2019 / — Rently, a technology provider that disrupted the single-family rental space by allowing prospective renters to self-tour a property without an agent present, kicked off this years’ NMHC Opening Pitches by debuting a revamped self-touring experience aimed at servicing multifamily operators.

With demand for apartments continuing to rise and over 20 million US renters moving annually, there is a growing need for multifamily operators to integrate technology to drive efficiency. According to 2020 Kingsley Survey Data of over 373,000 multifamily residents, 86% of renters say that they would not rent without seeing an apartment in person. Yet touring, a critical part of the leasing process, is still quite antiquated, and a ripe target for disruption.

Enter Rently, a company that has powered over 10 million self-tours for real estate operators since 2011. Rently is bringing its expertise in powering self-tours for single-family to the multifamily vertical. “Analysis of our self-touring data shows that up to 50% of the time a prospective renter wants to tour a property, on-site leasing offices are closed. Rently can solve this huge mismatch by automating the self-touring process in the multifamily space.” said Merrick Schmidt-Lackner, CEO of Rently.

Rently’s self-touring platform allows prospective renters to schedule self-tours at communities using a mobile phone, without a leasing agent present. Prospective renters check-in at the property using a web browser or mobile app, and, once they pass multiple security checks, get secure access to the vacant unit using a unique code on a smart access device at the community.

One such operator integrating Rently’s self-touring is Blaton Turner, a multifamily operator that oversees over 75 properties in the Seattle area.

“We’ve found that now more than ever renters have a new mindset when it comes to finding their new home. They want to engage in the rental process on their own terms, and this means you have to adapt to meet their expectations. We’re always looking for new opportunities to change the game and be a part of that evolution. Rently was the perfect choice for us to begin self-guided tours. We’ve found that it allows for more choice for our renters, and it optimizes our operations by allowing the site teams to be more efficient” said Heidi Turner, Principal of Blanton Turner.

Rently's largest sector of self-touring growth is from multifamily. In 2019 alone, over 60,000 multifamily tours from hundreds of operators were powered by Rently’s self-touring platform.

“Considering that multifamily self-touring has only gained attention in the last year, we’re very proud of how widely adopted our platform has become. With our experience processing over 10 million self-tours, we’re very confident that our customized multifamily journey and robust security will lead to mass adoption” said Andre Jordan Sanchez, VP of Operations at Rently.

About Rently

Founded in 2011, Rently invented self-touring technology and has powered over 10 million renter self-tours for over 2500 operators in all 50 states. Rently’s IP includes multiple US patents issued and allows for self-tours on smart lockbox, smart locks and Rently Keyless smart homes. Rently continues to expand its reach as a leader in the real estate technology space with its “Street to Suite” vision which includes its iQual Pre-Screening, Self-Touring and Rently Keyless IoT products. Self-Tour the thousands of homes using Rently by visiting

About Blanton Turner

Blanton Turner is a leading Seattle-based property management firm that currently oversees more than 75 properties in the Seattle area. Blanton Turner offers real estate developers and owners solutions that span pre-development, marketing lease-ups, repositioning, office/retail and financial services with extensive expertise in student and multi-family housing.

PR Contact:
Andre Jordan Sanchez

Andre Jordan Sanchez
+1 8552488144
email us here
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Source: EIN Presswire

Paladin Congratulates Stark Enterprises on the Grand Opening of The Beacon luxury apartments

Paladin systems integration

Paladin Congratulates Stark Enterprises on the Grand Opening of The Beacon luxury apartments in downtown Cleveland

VALLEY VIEW, OHIO, USA, November 19, 2019 / — Cleveland, Ohio: Cleveland based real estate developer, Stark Enterprises, and joint partner Reuven Dessler celebrated the grand opening of the first residential high-rise development in the Central Business District since 1974, The Beacon. The staff at Paladin Protective Systems congratulates Stark Enterprises on the successful grand opening of this new luxury apartment complex in downtown Cleveland.

Paladin is excited to have been selected to provide the latest in life safety and security technology systems for The Beacon. The team at Paladin Protective Systems developed, designed, and installed the latest in fire alarm, security video surveillance, access control and telephone entry solutions for this new apartment complex.

At the main entrance, Paladin utilized Mircom’s 22″ full color Touch Telephone Access System, providing a visually stunning and intuitive user-experience for visitors and residents. The 22″ full color touch display provides ultra-wide viewing angles, sure to impress visitors and occupants alike. Key features include built-in webcam for video communication to the suite and smooth scrolling using finger swipes enabling users to scroll through the resident directory easily. Physical security of the building is managed with a leading enterprise class access control systems. Video surveillance systems for both the interior and exterior of the building were deployed using the latest Axis IP cameras. Paladin selected an Axis Network Video Recorder to provide a unified security camera system that is easy to use and maintain.

Paladin Protective Systems is Ohio’s Premiere systems integrator providing businesses and organizations cutting edge life safety, security, and professional audio video solutions. Paladin was also recently named to Enterprise Security Magazines top 10 access control solution providers.
For more information visit
For more information on The Beacon, visit

David Halle
Paladin Protective Systems
email us here
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Source: EIN Presswire

The Money Mentor – changing lives, one dollar at a time

graeme holm award winning amazon author

amazon best selling author graeme holm

graeme holm award winning mortgage  broker and author of best selling amazon book, money mentor

graeme holm award winning broker

Infinity Group Australia CEO Graeme Holm preaches accountability and education to pay off mortgages faster

Graeme Holm was named ‘Finance Broker of the Year – 2019 by The Adviser, and recognized by Australian Financial Review as the #4th most innovative financial services company”

— Elissa Doyle

CRONULLA, NSW, AUSTRALIA, November 19, 2019 / — We’ve all heard the adage that something is “too good to be true.” And, when reading the reviews for Infinity Group Australia, one might think the same. The Multi-award winning finance brokerage company was started in 2013 by Graeme Holm – aka The Money Mentor – who gives a client-first, ‘tough love’ approach to spending and saving money. And, the results and the clients speak for themselves. On average, Infinity clients pay off $50,000.00 in debt principal per year, with countless testimonials mentioning their improvement not just in finances, but also decrease in stress and more happiness in family and marriages. It is no surprise that since the company’s beginnings in 2013, Infinity has earned numerous awards for customer service, and is among the ranks as one Australia’s top brokerage firms, winning The Adviser’s prestigious 2018 “New office of the year award. Recently, Graeme Holm was named ‘Finance Broker of the Year – 2019 by The Adviser, and recognized by Australian Financial Review as the #4th most innovative financial services company, on the publications annual list moving up 54 places from 58th in 2018.

During his 10 years of working within the Big Four Australian banking system, Graeme saw first hand how modern financial institutions work with clients – the impersonal relationships, the one-size-fits-all packages for borrowing, and the lack of knowledge clients receive when borrowing for homes and investments. Clients were obliged to payments that were outside their monthly income and racking up interest charges on credit. It was not uncommon that clients who took out mortgages six to eight years prior, and yet had still not reduced their principal to any significant amount and were now paying more than the original loan after refinancing for various requirements.

Graeme was also keenly aware of the toll that financial stress can have on an individual, marriage, or family. He came from humble beginnings in Wollongong on the NSW far South Coast around 1 hour south of Sydney, raised by his grandparents and a single mother. This lead to his profound motivation to help people, and he set out to do that, with a career in finance at the age of 18. Graeme has since become an MBA Top 100 Broker in 2017 and 2018, a financial educator, motivational speaker, and acclaimed author of The Money Mentor: How to Pay Off Your Mortgage in as Little as 7 Years Without Becoming a Hermit that became an international bestselling book.

When he started Infinity Group with his partner Rebecca Walker, Graeme’s goal was to share the knowledge he had learned about investing and financing with normal everyday Australians, so they have the power to manage their money, get ahead, achieve their financial goals, and secure their families financial futures. The first step in this process is getting to know the clients on a personal level. The finance managers at Infinity group go through a series of three to four consultations with clients, knowing that every borrower is different. Through the consultations they gain a clear understanding of each client’s cash flows and spending, financial struggles, and their goals for the future. After this, a personalized plan is created, a new regimen that is tailored for their budget, with goals that are achievable. Clients can see results in as little as 30 days, and they make large strides in paying off their debts and mortgages as fast as possible.

The Infinity method that was developed by Graeme and Rebecca is extremely hands-on, for both managers and clients. In his previous work, Graeme noticed that most mortgage brokers only speak to their clients during the initial loan period, and then rarely is there more than an annual check in or phone call afterwards. At Infinity, clients receive side-by-side coaching, much like personal training for fitness.

The biggest factor affecting a client’s finances is their discretionary spending. This must be managed meticulously and curbed, which is the focus of Infinity Group’s approach. Graeme encourages clients to not spend outside of their monthly income, and to never purchase anything on credit, saying “If you can’t pay cash, then you’re not buying it!”. He knows this is tough love, and sometimes it is difficult for clients to hear. But he says it is what they need to break their destructive spending habits.

At Infinity, Graeme and Rebecca are transforming the financing industry. To many, it is a cold, impersonalised world of ongoing debts and payments and the standard 30-year mortgage. However, with thousands of client testimonials, Infinity Group has earned a different reputation and has become one of Australia’s fast-growing debt reduction and money management services. Clients are reporting outstanding results and overwhelmingly positive reviews. An almost unbelievable number – 100% – of clients report that they paid off more of their debt in the first three months with Infinity, than they had in the previous 12 months prior. The company also reports an average of $50,000.00 of debt repayment annually per client. Clients who had 30 year mortgages are able to pay them off in as little as seven to 10 years. Not surprisingly, clients also tout the level of personalised customer service they receive with Infinity, saying they feel “very comfortable”, or “like family,” with the one-on-one coaching and support they receive. Other reviews mention that financial burdens are reduced, and that they are happier and healthier in their personal lives. The Infinity personal finance trainers are there every step of the way, as clients pay off mortgages faster, achieve their goals and build their futures.

Think the results are too good to be true? See for yourself, and contact Infinity Group Australia for your first consultation.

Interested in having your own personal financial trainer? Contact Infinity Group Australia and see Graeme Holm reviews here

Graeme Holm
Infinity Group Australia
email us here
1800 4634 6489
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Infinity Group Australia Client Reviews

Source: EIN Presswire

CompanionLink Updates for Act! v22 – Featured as Best Paid App on Lifewire

iPhone synchronized with Act! CRM

Sync Act! CRM with Android and iPhone

iPhone 11 featured with DejaOfffice CRM

DejaOffice CRM App with PC Sync for iPhone 11

Woman holding Phone with Act! Sync featured on Laptop

DejaOffice CRM App with Act!

Act! Mobility Pioneer continues to lead the PC based CRM Market in Features, Convenience and Effective US based Technical Support.

Many CRM vendors say they handle mobile but offer only a browser view of online data. With CompanionLink you can update your phone any time and when you reconnect the sync will catch up with your PC.”

— Wayland Bruns, CEO, CompanionLink Software, Inc.

PORTLAND, OR, US, November 18, 2019 / — CompanionLink has released CompanionLink v9 for Act! v22. CompanionLink offers sync services for the PC based Act! CRM. In related news, Lifewire has rated CompanionLink the #1 Best Paid Android App of 2019. Author Jody Emlyn Muelaner focuses on Outlook, but CompanionLink also synchronizes Act! Contacts, Activities, Notes and History to iPhone and Android. The Lifewire article notes the strength of the DejaOffice Today Widget, which puts an agenda view on your Android home page with your appointments, tasks and contacts for today. One tap on the Today widget and you can map your next appointment or send them a text if you are running late.

“Act! is the industry leader for PC based CRM,” says Wayland Bruns, CTO for CompanionLink. “We are pleased to continue our third decade of support as an Act! Add-On Partner. CompanionLink with the DejaOffice App is the solution of choice for people who want mobile CRM. Many CRM vendors say they handle mobile but offer only a browser view of online data and charge a monthly fee for it. With CompanionLink you can update your phone any time, even if it is disconnected, and then when you reconnect the sync will catch up the changes with your PC based Data.”

DejaOffice CRM App for Act! has new capabilities. It now features Emoji support for Activities, which make the Month view more useful by adding pictures for different activity types. In DejaOffice, every Activity can have mapped locations, offering quick access to driving directions. DejaOffice now supports 20 Custom fields from Act! Finally, on Android, DejaOffice has improved support for SMS text stored to Act! Contact History – so you get a history record of your communication with customers.

CompanionLink Express is licensed for $79.95 per user – one-time purchase. If you own a past version you can purchase an update for $49.95. CompanionLink has US based free telephone tech support. CompanionLink offers option of a Support RunStart setup for $49, and Premium Support for $129. Both services allow a tech to log in your computer and set things up exactly as you need.

About CompanionLink
CompanionLink® Software, Inc. is a pioneering developer of data sync solutions for mobile phones. CompanionLink has synchronized Act! since the early days of Palm Pilot, and continues to support all versions of Act! DejaOffice CRM App by CompanionLink is found on the Google Play store, Apple App store and is available from the DejaOffice website. Founded in 1987 CompanionLink has helped mobilize information across devices, computers, applications, and web-based services. For more information, please visit and
CompanionLink, DejaOffice and DejaCloud are registered trademarks of CompanionLink Software, Inc. Other product names are trademarks or registered trademarks of their respective owners

Wayland Bruns
CompanionLink Software, Inc.
email us here
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Source: EIN Presswire

$14 bn Foreign PE Flows to Indian Real Estate in 5 Years, 63% in Commercial RE

Shobhit Agarwal, MD & CEO – ANAROCK Capital


Domestic PE funds invested just USD 2.4 bn in this period – 71% in residential, 25% in commercial RE

"Domestic PE funds pumped nearly USD 2.4 bn into Indian real estate since 2015, of which nearly 71% (approx. USD 1.7 bn) went to the housing sector.”

— Shobhit Agarwal, MD & CEO – ANAROCK Capital

MUMBAI, MAHARASHTRA, INDIA, November 18, 2019 / — Indian real estate attracted nearly USD 14 bn of foreign private equity (PE) between 2015 and Q3 2019, says latest ANAROCK data. 63% (approx. USD 8.8 bn) of the total foreign investments backed commercial real estate. The residential sector attracted just USD 1.5 bn of foreign PE in the same period, trailing behind even the retail sector which saw cumulative inflows of USD 1.7 bn.

Shobhit Agarwal, MD & CEO – ANAROCK Capital says, "In stark contrast, domestic PE funds pumped nearly USD 2.4 bn into Indian real estate since 2015, of which nearly 71% (approx. USD 1.7 bn) went to the housing sector. This was a period of considerable stress for the residential segment; domestic funds invested heavily into a sector plagued by issues like delayed/stalled units, low sales and fairly lower yields. This made exiting investments with substantial gains difficult."

The commercial real estate segment, on the other hand, delivered a comparatively stellar performance in the last five years. Steady demand and rising rentals gave foreign investors a decisive edge. Moreover, the overwhelming response to Embassy Office Parks’ REIT launch – and its superlative performance – saw commercial real estate segment emerge as the bigger draw for investors. Several other large developers are also keen on listing their commercial assets under REITs.

An additional infusion of USD 1.6 bn between 2015 and Q3 2019 was a mix of foreign private equity and funding by Indian developers or investors who collaborated either at project or entity levels. For instance, in 2018, Canada’s CPPIB and India’s Phoenix Group together invested nearly USD 100 mn into a mall project in Bangalore.

Domestic vs Foreign PE Funds

• Of the total USD 14 bn foreign investments in Indian real estate between 2015 and Q3 2019, nearly USD 8.8 bn went into commercial realty, followed by USD 1.7 bn in the retail sector and USD 1.5 bn into the housing sector. Logistics & warehousing drew over USD 1 bn, and the remaining investments went into mixed-use developments.
• The reverse played out with domestic funds – of the total USD 2.4 bn they invested in this period, housing drew the lion’s share of USD 1.7 bn (or 71%); commercial came next with approx. USD 600 mn and retail drew just USD 40 mn of domestic funding.
• The top 5 foreign investors – Blackstone, Brookfield, GIC, Ascendas and Xander – alone contributed 75% of the overall USD 14 bn into Indian real estate. Interestingly, their focus was not limited to the top 7 cities and extended into tier 2 cities like Indore, Ahmedabad and Amritsar.
• The top 5 domestic funds – Motilal Oswal, HDFC Venture, Kotak Realty, ASK Group and Aditya Birla PE – invested nearly 54% or approx. USD 1.3 bn into Indian real estate. They focused exclusively on the top 7 cities.

Crystal-gazing Future PE Trends

Indian commercial real estate will continue to attract PE funds as there is high demand for Grade A office spaces across the top Indian cities. Earlier data indicated that the first three quarters of 2019 alone saw inflows of USD 3 bn in the commercial segment – an increase of 43% over the corresponding period in 2018.

Logistics, warehousing and retail will continue to witness considerable growth on the back of recently-eased policy norms for the retail sector, aimed at boosting growth and attracting more investments.

Over the short-to-mid-terms, the Indian housing sector – which has the greatest need for liquidity infusions – will retain its 'poor cousin' status and garner much more gradual attention from wary investors. Though the FM recently unleashed an alternative investment fund (AIF) of INR 25,000 crore to revive languishing housing projects across the country, investors will watch for actual implementation and deployment.

ANAROCK Capital data indicates:

– The residential segment drew approx. USD 295 mn PE funding in the first three quarters of 2019 (against USD 210 mn in the corresponding period last year)
– Though this constitutes an impressive 40% annual gain, investments are still far below the 2015 peak levels of 2015, when housing drew PE investments of approx. USD 1.5 bn.

Arun Chitnis
ANAROCK Property Consultants
+91 96571 29999
email us here
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Source: EIN Presswire