Rama Krishna Sangem
All the four listed REITs (Real Estate Investment Trusts), SEBI approved real estate funds in the country are looking for investments in the Future City, the upcoming urban cluster, promoted by A Revanth Reddy led Congress government in Telangana. This Future City is expected to add at least 750 sq km of metropolitan area to Hyderabad city’s 850 sq km urban area in the coming years.
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. A few more small and medium investment trusts that are in pipeline to get SEBI approval too are exploring Hyderabad opportunity.
India’s REITs are delivering strong returns! In Q4 FY25, four listed REITs Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust, and Nexus Select Trust distributed a total of ₹1,553 crore to over 2.64 lakh unitholders, marking a 13% year-on-year increase. This growth reflects the sector’s resilience, driven by high-quality assets and robust leasing activity, particularly from Global Capability Centres (GCCs) and strong domestic demand.
Four listed real estate investment trusts (REITs) have distributed a total of Rs. 1,505 crores to more than 2,60,000 unitholders during the third quarter of the current financial year, according to data from the Indian REITs Association (IRA). This marks an increase of nearly 17% from the Rs. 1,289 crores distributed in Q3 of the previous fiscal year.
REITs manage Rs 1.50 lakh cr assets
As per the latest IRA figures, the Indian REIT market now oversees gross Assets Under Management (AUM) around Rs. 1,52,000 crores, with a market capitalisation surpassing Rs. 95,000 crores as of 7th February 2025. The portfolios managed by these REITs cover over 126 million square feet of Grade A office and retail space across the country.
IRA data also indicates that in Q1 of this fiscal year, these four REITs collectively distributed over Rs. 1,371 crores to over 2,45,000 unitholders, while in Q2, they disbursed over Rs. 1,383 crores to more than 2,55,000 unitholders. Since their inception, these REITs have collectively distributed over Rs. 21,000 crores to unitholders.
The Indian REITs Association, a non-profit organisation established under the guidance of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance, includes Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust among its founding members. A senior executive of an REIT with strong presence in Hyderabad told Excel India that they are waiting for final layout of the Future City to pin point their investment prospects.
