Key Takeaways
- • Actis, the growth-market investor in sustainable infrastructure, has put forward a new economy real estate thesis for India through a sponsored report by Principals Praveen Kumar and Raghvendra Chandak, published in Institutional Real Estate (IREI).
- • Actis' industrial, logistics and life sciences strategy in India has been in place since 2022 and is built around a core operating platform, including a 70-acre integrated industrial and logistics park within Mahindra World City in Chennai.
- • The platform includes approximately 350,000 square metres of life sciences real estate across four projects in Mumbai and Hyderabad.
- • The authors identify data centres as the next frontier of India's new economy real estate, citing projected total national IT capacity of 2,073 megawatts by the end of 2027.
- • The thesis rests on three demand drivers: demographic and economic momentum, a structural shortage of institutional-grade new economy real estate, and rising demand tied to digitalisation, supply-chain transformation, health and wellness, and climate transition.
Summary
Praveen Kumar and Raghvendra Chandak, both Principals in Real Estate and Data Centres at Actis, have authored a sponsor report in Institutional Real Estate, Inc. (IREI) on the real asset opportunity in India. The piece argues that global real estate capital is being structurally reallocated away from traditional sectors in mature markets, such as offices and discretionary retail, which have been reassessed following shifts in work patterns and tenant behaviour. Capital is moving toward "new economy" real estate, meaning assets that support digitalisation, supply-chain transformation, health and wellness, and climate transition. The authors contend that this demand is durable and secular, particularly in Asian growth markets.
Within India, the authors point to three demand drivers. The first is demographic and economic momentum, including rapid urbanisation, rising incomes and the country's emergence as one of the world's largest consumer markets. The second is a structural supply deficit in institutional-grade real estate across new economy asset classes, where existing stock is often obsolete, fragmented or unsuited to modern operational requirements. The report frames this shortfall as a core investment rationale.
Actis describes its industrial, logistics and life sciences real estate strategy as operating on a core platform in place since 2022. The platform's holdings include a 70-acre integrated industrial and logistics park within Mahindra World City in Chennai and approximately 350,000 square metres of life sciences real estate across four projects focused on Mumbai and Hyderabad. The authors also position data centres as the next frontier of India's new economy real estate, citing projected total national IT capacity of 2,073 megawatts by the end of 2027.
The report is a sponsor-authored publication by an investor promoting its own platform, so its forecasts and characterisations of market demand should be read with that context in mind. The full text was not retrieved for this summary, and the figures above come from the publication's excerpt and descriptive material.
Within India, the authors point to three demand drivers. The first is demographic and economic momentum, including rapid urbanisation, rising incomes and the country's emergence as one of the world's largest consumer markets. The second is a structural supply deficit in institutional-grade real estate across new economy asset classes, where existing stock is often obsolete, fragmented or unsuited to modern operational requirements. The report frames this shortfall as a core investment rationale.
Actis describes its industrial, logistics and life sciences real estate strategy as operating on a core platform in place since 2022. The platform's holdings include a 70-acre integrated industrial and logistics park within Mahindra World City in Chennai and approximately 350,000 square metres of life sciences real estate across four projects focused on Mumbai and Hyderabad. The authors also position data centres as the next frontier of India's new economy real estate, citing projected total national IT capacity of 2,073 megawatts by the end of 2027.
The report is a sponsor-authored publication by an investor promoting its own platform, so its forecasts and characterisations of market demand should be read with that context in mind. The full text was not retrieved for this summary, and the figures above come from the publication's excerpt and descriptive material.
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