Indian REITs Distribute Over Rs 1,371 Crore in Q1, AUM Exceeds Rs 1.40 Lakh Crore
Indian Real Estate Investment Trusts (REITs) distributed over Rs 1,371 crore to unit holders in Q1 FY2025, with Embassy Office Parks REIT leading the pack.
Indian ReitsReal Estate Investment TrustsEmbassy Office Parks ReitMindspace Business Parks ReitBrookfield India Real Estate TrustNexus Select TrustReal Estate NewsAug 20, 2024
Since their inception five years ago, the four publicly listed REITs — Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust — have collectively distributed over Rs 18,000 crore to their unit holders.
The Indian REITs market, as per IRA data, now oversees gross Assets Under Management (AUM) exceeding Rs 1.40 lakh crore, with a market capitalization of over Rs 87,000 crore as of June 28, 2024. The portfolio managed by these REITs spans approximately 122 million square feet of Grade A office and retail space across the country.
The Indian REITs Association, a non-profit organization formed under the guidance of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance, counts Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust among its founding members.
Breaking down the Q1 FY2025 distributions, Embassy Office Parks REIT led the pack with a distribution of Rs 530.8 crore, followed by Nexus Select Trust at Rs 325.3 crore, Mindspace Business Parks REIT at Rs 298.9 crore, and Brookfield India Real Estate Trust at Rs 216 crore.
Since their respective listings, the four REITs have collectively distributed over Rs 18,000 crore to their unit holders. Embassy Office Parks REIT has been the largest contributor, disbursing Rs 10,392 crore, followed by Mindspace Business Parks REIT with Rs 4,231 crore, Brookfield India Real Estate Trust with Rs 2,358 crore, and Nexus Select Trust with Rs 1,397 crore.
Frequently Asked Questions
What is the total amount distributed by Indian REITs in Q1 FY2025?
Over Rs 1,371 crore
Which REIT led the pack in terms of distribution in Q1 FY2025?
Embassy Office Parks REIT with a distribution of Rs 530.8 crore
What is the total AUM of the Indian REITs market as of June 28, 2024?
Over Rs 1.40 lakh crore
What is the market capitalization of the Indian REITs market as of June 28, 2024?
Over Rs 87,000 crore
How many unit holders have received distributions from Indian REITs in Q1 FY2025?
Over 2,45,000
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