Four listed REITs distributes Rs 2,754 crore to unitholders in H1 FY25: IRA, ET RealEstate

5 days ago


<p>Representative image </p>
Representative image

NEW DELHI: Four listed real estate investment trusts (REITs) have distributed a total of Rs 2,754 crore to their unitholders in H1 FY25, as per data from the Indian REITs Association (IRA).

These four publicly listed real estate investment trusts (REITs) in India are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.

It’s almost 14% increase from the Rs 2,417 crore distributed in H1 of the previous fiscal year.

These four REITs distributed over Rs 1,383 crore to more than 2.55 lakh unitholders in Q2. In the Q1 of this fiscal, these four REITs together distributed more than Rs 1,371 crore to around 2.45 lakh unitholders.

The Indian REIT market now manages assets worth over Rs 1.52 lakh crore.

Since their inception around five years ago, these REITs have collectively distributed more than Rs 19,000 crore to unitholders.

  • Published On Nov 18, 2024 at 03:30 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App




Source link

Leave a Reply

Your email address will not be published.