List of Real Estate Investment Trusts (REITs) in India

Real Estate Investment Trusts (REITs) have emerged as a popular investment vehicle in India, offering investors the opportunity to invest in large-scale, income-producing real estate. REITs are designed to provide investors with a regular income stream, diversification, and long-term capital appreciation. In India, the REIT market is still in its nascent stage but is growing rapidly. As of now, there are four publicly listed REITs in India. Here, we take a closer look at each of them, their sponsors, net worth, current market price, and the types of properties they manage.

1. Embassy Office Parks REIT

Sponsor: Embassy Group and Blackstone
Net Worth: ₹34,000 crore
Current Market Price: ₹375 (as of July 2024)
Types of Properties: Commercial office spaces

2. Mindspace Business Parks REIT

Sponsor: K Raheja Corp and Blackstone
Net Worth: ₹25,000 crore
Current Market Price: ₹320 (as of July 2024)
Types of Properties: Business parks and IT parks

3. Brookfield India Real Estate Trust

Sponsor: Brookfield Asset Management
Net Worth: ₹12,000 crore
Current Market Price: ₹280 (as of July 2024)
Types of Properties: Office spaces and commercial properties

4. Nexus Select Trust REIT

Sponsor: Blackstone
Net Worth: ₹10,000 crore
Current Market Price: ₹250 (as of July 2024)
Types of Properties: Retail properties

Comparative Table of Indian REITs

Key Takeaways

• Embassy Office Parks REIT is the largest REIT in India by net worth, primarily focusing on commercial office spaces.

• Mindspace Business Parks REIT also has a significant market presence, focusing on business and IT parks.

• Brookfield India Real Estate Trust offers a diverse portfolio of office and commercial spaces.

• Nexus Select Trust REIT focuses on retail properties, adding diversity to the REIT market in India.

Conclusion

The introduction of REITs in India has provided a much-needed boost to the real estate sector, offering an attractive investment opportunity for retail investors. With their promise of regular income and potential for capital appreciation, REITs are poised to play a significant role in the Indian investment landscape. As the market matures, we can expect more REITs to be listed, providing even more options for investors.