NEW DELHI: Four listed real estate investment trusts (REITs) have distributed a total of Rs 1,505 crore to more than 2,60,000 unitholders during the third quarter of the financial year 2024-25, according to data from the Indian REITs Association (IRA).
This marks an increase of nearly 17% from the Rs 1,289 crore distributed in Q3 of the previous fiscal year.
The four publicly listed real estate investment trusts in India are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.
As per the latest IRA figures, the Indian REIT market now oversees gross assets under management (AUM) around Rs 1,52,000 crore, with a market capitalisation surpassing Rs 95,000 crore as of February 7, 2025. The portfolios managed by these REITs cover over 126 million sq ft of Grade A office and retail spaces.
In Q1 FY25, these four REITs collectively distributed over Rs 1,371 crore to over 2,45,000 unitholders, while in Q2 FY25, they disbursed over Rs 1,383 crore to more than 2,55,000 unitholders.
