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Economic Times
4 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
4 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.
Hindustan Times
4 days ago
- Business
- Hindustan Times
India's REIT market capitalisation crosses ₹1 lakh crore, cements status as mainstream asset class
The Real Estate Investment Trusts (REITs) market has crossed ₹1 lakh crore in market capitalisation as of July 30, 2025, underscoring the sector's rapid growth and rising importance in the country's financial ecosystem, Indian REITs Association has said in a statement. The Real Estate Investment Trusts (REITs) market has crossed ₹ 1 lakh crore in market capitalisation as of July 30, 2025. (Photo for representational purposes only) (Shutterstock) The four publicly listed REITs - Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust - reflect strong confidence from both institutional and retail investors in India's formal commercial real estate sector. The milestone also signals greater depth and liquidity in the REIT market, making it an attractive and efficient investment vehicle for those seeking stable, income-generating assets, it said. According to the Indian REITs Association, this growth has been driven by sustained investor interest, healthy occupancy in underlying properties, consistent unitholder distributions, and supportive regulatory reforms. As a result, REITs are now firmly established as a mainstream asset class in India's capital markets, offering a compelling alternative to traditional investments. Since their introduction in 2019, REITs have transformed access to income-generating real estate assets. They offer investors a transparent, regulated, and liquid structure to participate directly in the country's dynamic real estate growth story, it said. Also Read: Should you invest in India's biggest office REIT IPO – Knowledge Realty Trust? 'We welcome this significant milestone as evidence of the sector's resilience, maturity, and potential. 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. This positive start positions us well for another successful year," said Alok Aggarwal, MD and CEO of Brookfield India Real Estate Trust and Chairman of the Indian REITs Association. "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,' he said. According to the Q4 FY25 data, India's REIT market manages gross Assets Under Management (AUM) exceeding ₹1.63 lakh crore. The four REITs collectively operate over 128 million square feet of Grade A office and retail real estate across India's key urban centres. Since their respective inceptions, these REITs have distributed a cumulative total of over ₹22,800 crore to unitholders, underlining their growing appeal among both institutional and retail investors. The Indian REITs Association (IRA) is a non-profit industry body established with the support of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance. Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are the founding members of the Association.
Time of India
15-05-2025
- Business
- Time of India
Four Indian REITs distribute ₹1,553 crore in Q4 FY25
NEW DELHI: Four listed Real Estate Investment Trusts ( REITs ) have collectively distributed over ₹1,553 crore to more than 2.64 lakh unitholders during the fourth quarter of the financial year ended March 31, 2025. This marks around 13% increase compared to ₹1,377 crore distributed in the same quarter of the financial year ended March 31, 2024. For the full financial year 2024–25, the cumulative distribution by the four REITs reached ₹6,070 crore, up from ₹5,366 crore in FY24, reflecting a strong and consistent over 13% year-on-year growth. The four listed REITs reported a net operating income (NOI) of ₹89,100 crore in FY25, compared to ₹76,626 crore in FY24 — an increase of ₹12,474 crore, representing 16% year-on-year growth. Their total revenue from operations also rose by 16%, from ₹97,482 crore in FY24 to ₹1,12,802 crore in FY25 — an increase of ₹15,320 crore. Alok Aggarwal , chairman, Indian REITs Association , said, "A 13% year-on-year increase in distributions underscores the strength and stability of the sector, driven by high-quality assets and strong leasing activity, particularly from Global Capability Centres (GCCs) and strong domestic demand." India's REIT market manages gross assets under management (AUM) exceeding ₹1.63 lakh crore, with a combined market capitalisation of over ₹98,000 crores (as of 14 May 2025). The four REITs collectively operate more than 128.9 million sq ft of Grade A office and retail real estate. The four listed REITs are - Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.
Economic Times
15-05-2025
- Business
- Economic Times
Four listed Indian REITs distribute over Rs 1,553 crore in March quarter
India's four publicly listed Real Estate Investment Trusts (REITs) have collectively distributed over Rs 1,553 crores to more than 2.64 lakh unitholders during the fourth quarter of the financial year ended March. ADVERTISEMENT This marks around 13% increase compared to Rs 1,377 crores distributed in the same quarter of the financial year ended March 2024, the Indian REITs Association said in a release. For the full financial year 2024–25, the cumulative distribution by the four REITs reached Rs 6,070 crores, up from Rs. 5,366 crores in 2023-24, reflecting a strong and consistent over 13% year-on-year growth. 'The robust quarterly distributions and expanding investor base reflect the increasing maturity and investor confidence in India's REIT ecosystem. A 13% year-on-year increase in distributions underscores the strength and stability of the sector, driven by high-quality assets and strong leasing activity, particularly from Global Capability Centres (GCCs) and strong domestic demand,' said Alok Aggarwal, chairman, the Indian REITs four listed REITs in India--Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust--are part of this four listed REITs reported a Net Operating Income (NOI) of Rs 89,100 crores in 2024-25, compared to Rs 76,626 crores in 2023-24, up 16% from a year ago. Total revenue from operations also rose by 16%, to Rs 1,12,802 crores in 2024-25. ADVERTISEMENT India's REIT market's current gross Assets Under Management (AUM) stand over Rs 1.63 lakh crores, with a combined market capitalisation of over Rs 98,000 crores. The four REITs collectively operate more than 128.9 million sq ft of Grade A office and retail real estate across India's key urban centres. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
