Latest news with #AlokAggarwal
Economic Times
a day ago
- Business
- Economic Times
Indian REITs cross Rs 1 lakh crore market cap, marking a milestone in sector growth
India's REIT market crossed Rs 1 lakh crore in combined market cap as of July 2025, reflecting strong leasing, high occupancy, and steady income distributions. Since their 2019 debut, the four listed REITs manage over Rs 1.63 lakh crore AUM and have paid Rs 22,800 crore to unitholders. Regulatory reforms and growing investor confidence are driving sector growth and liquidity. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Indian Real Estate Investment Trusts (REITs) market has crossed a major milestone, with the combined market capitalisation of all four listed REITs surpassing Rs 1 lakh crore as of July 30, achievement underscores growing investor confidence and signals the increasing maturity of India's commercial real estate investment four publicly listed REITs — Brookfield India Real Estate Trust, Embassy Office Parks REIT Mindspace Business Parks REIT , and Nexus Select Trust — have collectively benefited from robust leasing momentum, healthy occupancy levels, and consistent income leaders see this milestone as a testament to the resilience and potential of the sector. 'We welcome this significant milestone as evidence of the sector's resilience, maturity, and potential,' said Alok Aggarwal, MD & CEO of Brookfield India Real Estate Trust and Chairman of the Indian REITs Association . 'This fiscal year has commenced on a strong footing, driven by robust leasing momentum, high occupancy levels, and sustained growth in distributions. As REITs continue to scale and attract long-term capital, their growing market capitalisation will further enhance liquidity — benefiting issuers through improved access to capital, and investors through increased trading volumes and tighter spreads.'Since their debut in 2019, REITs have opened up direct access to income-generating commercial real estate for investors in India, offering a transparent, regulated, and liquid to Q4 FY25 data, the sector manages gross Assets Under Management (AUM) of over Rs 1.63 lakh crore, with the four REITs operating more than 128 million sq ft of Grade A office and retail space in key urban these REITs have distributed over Rs 22,800 crore to unitholders, reflecting their strong income-generating sector's growth has also been aided by enabling regulatory reforms, which have enhanced market depth and liquidity, making REITs a compelling alternative to traditional investment Indian REITs Association (IRA) – a non-profit industry body supported by the Securities and Exchange Board of India (SEBI) and the Ministry of Finance – represents the sector's interests and promotes best India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are its founding this latest milestone, market participants believe REITs are poised to play an even bigger role in India's capital markets, attracting long-term domestic and global capital while deepening the country's real estate investment ecosystem.
Time of India
a day ago
- Business
- Time of India
Indian REITs cross Rs 1 lakh crore market cap, marking a milestone in sector growth
The Indian Real Estate Investment Trusts (REITs) market has crossed a major milestone, with the combined market capitalisation of all four listed REITs surpassing Rs 1 lakh crore as of July 30, 2025. The achievement underscores growing investor confidence and signals the increasing maturity of India's commercial real estate investment landscape. The four publicly listed REITs — Brookfield India Real Estate Trust, Embassy Office Parks REIT , Mindspace Business Parks REIT , and Nexus Select Trust — have collectively benefited from robust leasing momentum, healthy occupancy levels, and consistent income distributions. Industry leaders see this milestone as a testament to the resilience and potential of the sector. 'We welcome this significant milestone as evidence of the sector's resilience, maturity, and potential,' said Alok Aggarwal, MD & CEO of Brookfield India Real Estate Trust and Chairman of the Indian REITs Association . 'This fiscal year has commenced on a strong footing, driven by robust leasing momentum, high occupancy levels, and sustained growth in distributions. As REITs continue to scale and attract long-term capital, their growing market capitalisation will further enhance liquidity — benefiting issuers through improved access to capital, and investors through increased trading volumes and tighter spreads.' Since their debut in 2019, REITs have opened up direct access to income-generating commercial real estate for investors in India, offering a transparent, regulated, and liquid structure. According to Q4 FY25 data, the sector manages gross Assets Under Management (AUM) of over Rs 1.63 lakh crore, with the four REITs operating more than 128 million sq ft of Grade A office and retail space in key urban centres. Cumulatively, these REITs have distributed over Rs 22,800 crore to unitholders, reflecting their strong income-generating capability. The sector's growth has also been aided by enabling regulatory reforms, which have enhanced market depth and liquidity, making REITs a compelling alternative to traditional investment avenues. The Indian REITs Association (IRA) – a non-profit industry body supported by the Securities and Exchange Board of India (SEBI) and the Ministry of Finance – represents the sector's interests and promotes best practices. Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are its founding members. With this latest milestone, market participants believe REITs are poised to play an even bigger role in India's capital markets, attracting long-term domestic and global capital while deepening the country's real estate investment ecosystem.
Economic Times
2 days ago
- Business
- Economic Times
COWRKS expands managed workspace footprint to 1 million sq ft across major cities
Premium flexible workspaces provider Cowrks on Friday announced that it has expanded its managed workspace footprint to over 1 million square feet across major cities, including Mumbai and Bengaluru. The company recently launched the Enterprise Plus portfolio to offer dedicated managed office spaces along with end-to-end design and operational capabilities to enterprises and global capability centres (GCC). This strategic expansion marks a new phase in the company's journey, driven by rising demand from enterprise firms and GCCs for custom-built, fully managed workspace solutions, Brookfield Properties-owned Cowrks said in a key metro markets including Bengaluru, Mumbai, Delhi-NCR, Chennai, and Hyderabad, these developments position Enterprise Plus as a key growth driver for the company's expansion strategy, it added. Alok Aggarwal, Managing Director and CEO, Brookfield Properties, said, "As a preferred partner for enterprises and GCCs, Enterprise Plus is uniquely positioned to address today's evolving needs while shaping the future of managed offices. PTI
Economic Times
3 days ago
- Business
- Economic Times
Investor demand, stable returns push Indian REITs past Rs 1 lakh crore market cap
Steady office leasing activity, high occupancy levels, and regular payouts to unitholders have pushed the combined market capitalisation of India's four listed Real Estate Investment Trusts (REITs) beyond Rs 1 lakh crore as of July end. Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust together hold gross Assets Under Management (AUM) exceeding Rs 1.63 lakh crore as of March end. The portfolios of these REITs span over 128 million sq ft of operational Grade A office and retail properties across major cities. Since their launch in 2019, the four REITs have distributed over Rs 22,800 crore to unitholders, said the Indian REITs Association. Industry observers attribute the recent rise in valuations to consistent rental inflows from long-term leases, minimal vacancy in core assets, and investor preference for income-generating instruments amid market volatility. 'This fiscal year has commenced on a strong footing, driven by robust leasing momentum, high occupancy levels and sustained growth in distributions for the sector. As REITs continue to scale and attract long-term capital, their growing market capitalisation is expected to further enhance liquidity, benefiting issuers through improved access to capital, and investors through increased trading volumes and tighter spreads,' said Alok Aggarwal, chairman, the Indian REITs Association. Regulatory adjustments over the past few years, including measures to simplify listing norms, widen investor eligibility, and enhance disclosure standards, have also increased participation. Improved liquidity in REIT units on exchanges has drawn both institutional and retail investors, adding depth to the stable cash flows from underlying assets and a more supportive policy environment, REITs have moved from a niche investment product to a more visible part of India's capital markets, with their performance likely to remain under close watch in the coming quarters.
Time of India
3 days ago
- Business
- Time of India
Investor demand, stable returns push Indian REITs past Rs 1 lakh crore market cap
Steady office leasing activity , high occupancy levels , and regular payouts to unitholders have pushed the combined market capitalisation of India's four listed Real Estate Investment Trusts (REITs) beyond Rs 1 lakh crore as of July end. Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust together hold gross Assets Under Management (AUM) exceeding Rs 1.63 lakh crore as of March end. The portfolios of these REITs span over 128 million sq ft of operational Grade A office and retail properties across major cities. Since their launch in 2019, the four REITs have distributed over Rs 22,800 crore to unitholders, said the Indian REITs Association. Industry observers attribute the recent rise in valuations to consistent rental inflows from long-term leases, minimal vacancy in core assets, and investor preference for income-generating instruments amid market volatility. 'This fiscal year has commenced on a strong footing, driven by robust leasing momentum, high occupancy levels and sustained growth in distributions for the sector. As REITs continue to scale and attract long-term capital, their growing market capitalisation is expected to further enhance liquidity, benefiting issuers through improved access to capital, and investors through increased trading volumes and tighter spreads,' said Alok Aggarwal, chairman, the Indian REITs Association. Regulatory adjustments over the past few years, including measures to simplify listing norms, widen investor eligibility, and enhance disclosure standards, have also increased participation. Improved liquidity in REIT units on exchanges has drawn both institutional and retail investors, adding depth to the segment. With stable cash flows from underlying assets and a more supportive policy environment, REITs have moved from a niche investment product to a more visible part of India's capital markets, with their performance likely to remain under close watch in the coming quarters.
