Indian Reits distribute Rs 1,559 cr in Q1 FY26, post 13% Y-o-Y growth

Brookfield, Embassy, Mindspace and Nexus Reits paid over 270,000 unitholders in Q1 FY26, with cumulative payouts crossing Rs 24,300 crore since inception

India's four publicly listed real estate investment trusts (Reits) have collectively distributed Rs 1,559 crore to over 2.7 lakh unitholders during the first quarter of the current financial year (Q1 FY26), up 13 per cent versus Rs 1,371 crore distributed in the same quarter in the previous financial year.  

Compared to the quarter ended March 2025, the distributions grew marginally, by about 38 basis points. In Q4 FY25, the four Reits collectively distributed over Rs 1,553 crore to about 2.64 lakh unitholders. On a year-on-year basis, the number of unitholders in Q1 FY26 versus Q1 FY25 has also risen, reflecting the increasing uptake of the real estate linked investment instrument.  

 

For the full financial year 2024–25, the cumulative distribution by the four Reits reached Rs 6,070 crore, up from Rs 5,366 crore in FY24, a YoY growth of 13 per cent. India’s four publicly listed Reits are Brookfield India Reit, Embassy Office Parks Reit, Mindspace Business Parks Reit, and Nexus Select Trust.

 

Reits are mandated to distribute at least 90 per cent of their taxable income. According to regulations of the Securities and Exchange Board of India (Sebi), Reit distributions are returns which can be in the form of dividends, interest, amortisation of debt received from the special purpose vehicles, other income or a combination of these above-mentioned aspects.

 

In Q1 FY26, Embassy Reit distributed Rs 550 crore, while Mindspace Reit distributed Rs 353 crore to their respective unitholders. Meanwhile, Brookfield Reit and Nexus Select Trust distributed Rs 319 crore and Rs 338 crore, respectively, to their unitholders. 

 

Together, these Reits manage a portfolio spanning more than 129 million square feet (msf) of grade A office and retail space across India. Since their inception, they have cumulatively distributed over Rs 24,300 crore to unitholders.

 

Alok Aggarwal, managing director and chief executive officer of Brookfield India Reit and chairperson of the Indian Reits Association (IRA), said, “This rise in quarterly distribution marks a strong start to the fiscal year and reflects Indian Reits’ continued commitment to delivering regular and stable cash flows to unitholders. The consistent growth in quarterly distributions to Reit unitholders highlights the exceptional quality of underlying assets, strength of rental collections, and disciplined capital management by Reit managers.”

 

The combined market capitalisation of all four listed Reits crossed Rs 1 trillion as of market close on 30 July 2025. As of Q4 FY25, the total gross assets under management (AUM) of the Indian Reit market stood at approximately Rs 1.63 trillion.