4 listed reit distributed Rs 1,505 crore – 4 listed reits disbuse Rs 1505 Crore

During the third quarter of the current financial year 2025, four listed Real Estate Investment Trust (RITS) has distributed a total of Rs 1,505 crore to more than 2.6 lakh units in India. This information has been given by the Indian Rites Association (IRA). The amount distributed is about 17 percent more than Rs 1,289 crore in the last financial year 2024.

Four public listed REITs in India include Brookfield India Real Estate Trust, Embassy Office Parks Rit, Mindspace Business Parks Rit and Nexus Select Trust. According to the Securities and Exchange Board of India (SEBI), it is necessary to distribute at least 90 per cent of their total taxable income to Rites.

In the third quarter of FY 2025, the distribution (DPU) of Embassy Office Park REIT has increased the most compared to all retts. Rit has given Rs 5.9 per unit and distributed Rs 559 crore in total, which is 13 per cent higher than a year ago.

Meanwhile, during the quarter under review, Mindspace Business Parks Rite has given information about Rs 315 crore, or Rs 5.32 per unit, which is 10.9 percent more than the same period of a year ago.

The Nexus Select Trust has distributed a total of Rs 332.7 crore, or Rs 2.196 per unit, which is 10 per cent higher than the third quarter of the previous financial year. Brookfield Rit has distributed Rs 4.9 per unit with a 3 per cent increase compared to the same period last year. According to recent IRA data, the Indian REIT market now oversees the asset (AUM) under managing around Rs 1.52 lakh crore, whose market capitalization is more than Rs 95,000 crore by February 7, 2025. The portfolio managed by these retts cover more than the Grade A office across the country and 12.6 million sq ft (MSF) of the retail.

First Published – February 10, 2025 | 10:22 PM IST