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Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by CREDAI and Anarock. CREDAI, the apex body of Indian real estate developers, and property consultant Anarock released a report 'Indian REITs - A Gateway to Institutional Real Estate' at an event here. At present, there are five listed REITs in India - Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust are backed by rent-yielding retail real estate (shopping malls) while the other four are office REITs. "Average distribution yields of Indian REITs range between 6 per cent and 7.5 per cent, competitive with fixed-income instruments but with the added potential for capital appreciation," the joint report said. Comparing with other REIT markets globally, the report found that India still lags
Mindspace Business Parks Real Estate Investment Trust (REIT) is aiming for a 50 per cent jump in its net operating income over the next three to four years, a senior official said on Monday. This is an organic growth in the NOI, courtesy of a planned expansion programme, which will see it deploy over Rs 4,200 crore to add another 8 million square feet of area, the officials added. "Our NOI will grow by Rs 900-1,000 crore in the next three to four years," its chief financial officer, Preeti Chheda, said. The trust's current NOI - which is a key metric tracked by all as it represents the actual performance - is Rs 2,000 crore. Chheda said the company, which is celebrating the completion of five years since listing, has a portfolio of 30 million sq ft at present, and another 3.5-4 million sq ft under construction. Apart from that, it has plans to add another 4 million for which permissions are awaited from the authorities. Construction on the new projects will begin in the next 12-18
Indian real estate sector witnessed deals worth USD 2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat. In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP, valued at USD 2.5 billion, compared to 40 deals worth USD 2.7 billion in H1 2024. While volume increased year-on-year, the overall deal value dropped by 8 per cent," Shabala Shinde, Partner and Real Estate Industry Leader at Grant Thornton Bharat, said. She noted that the data for the first half of this year reflects a sector recalibrating for long-term strength. "While overall deal values moderated, institutional capital continues to