Four listed real estate investment trusts (REITs) have distributed Rs 1,505 Crores to more than 2,60,000 unitholders during the third quarter of the current financial year, according to the Indian REITs Association (IRA) data. This marks an increase of nearly 17 per cent from the Rs 1,289 Crores distributed in Q3 of the previous fiscal year.
The four publicly listed Indian real estate investment trusts are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.
Following the latest IRA figures, the Indian REIT market now oversees gross Assets Under Management (AUM) of around Rs 1,52,000 Crores, with a market capitalisation surpassing Rs 95,000 Crores as of 7th February 2025. The portfolios managed by these REITs cover over 126 mn sq ft of Grade A office and retail space across the country.
IRA data also indicates that in Q1 of this fiscal year, these four REITs collectively distributed over Rs 1,371 Crores to over 2,45,000 unitholders, while in Q2, they disbursed over Rs 1,383 Crores to more than 2,55,000 unitholders. Since their inception, these REITs have collectively distributed over Rs 21,000 Crores to unitholders.
The Indian REITs Association, a non-profit organisation established under the guidance of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance, includes Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust among its founding members.
