- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
India’s four publicly listed Real Estate Investment Trusts (REITs) — Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust —
have collectively distributed over ₹1,553 crore to more than 2.64 lakh unitholders during the fourth quarter of the financial year ended March 31, 2025, around a 13% increase compared to
₹1,377 crore distributed in the same quarter of the financial year ended March 31, 2024, according to the non-profit Indian REITs Association.
For the full financial year 2024-25, the cumulative distribution by the four REITs reached ₹6,070 crore, up from ₹5,366 crore in FY 2023-24, reflecting a strong and consistent over 13%
year-on-year growth.
The four listed REITs reported a Net Operating Income (NOI) of ₹89,100 crore in FY25, compared to ₹76,626 crore in FY24, an increase of ₹12,474 crore, representing 16% year-on-year growth.
Their total revenue from operations also rose by 16%, from ₹97,482 crore in FY24 to ₹1,12,802 crore in FY25, up ₹15,320 crore.
Alok Aggarwal, MD & CEO of Brookfield India Real Estate Trust and Chairman of the Indian REITs Association, said, “The robust quarterly distributions and expanding investor base reflect the
increasing maturity and investor confidence in India’s REIT ecosystem. A 13% year-on-year increase in distributions underscores the strength and stability of the sector, driven by
high-quality assets and strong leasing activity, particularly from Global Capability Centres (GCCs) and strong domestic demand. We remain optimistic about the long-term prospects of Indian
REITs amid evolving market dynamics.”
India’s REIT market manages gross Assets Under Management (AUM) exceeding ₹1.63 lakh crore, with a combined market capitalisation of over ₹98,000 crore (as of May 14, 2025). The four REITs
collectively operate more than 128.9 million square feet of Grade A office and retail real estate across India’s key urban centres.
The data shows since their respective inceptions, these four REITs have distributed a cumulative total of over ₹22,800 crore to unitholders, highlighting their rising prominence among both
institutional and retail investors.
The Indian REITs Association, a non-profit industry body established with the support of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance, comprises all four
listed REITs as founding members. The association represents the interests of the sector and promotes transparency, best practices, and long-term growth.
