 "REITs, real estate, tax free, investors, investments")
Brookfield India REIT (real estate investment trust) and Embassy Office Parks REIT plan to offer more tax-free dividends and capital returns in the coming years in a bid to entice more investors by providing them higher yields.
Mindspace REIT already distributes over 90 per cent of returns in the form of tax-free dividends, and Embassy and Brookfield have announced measures to improve the tax-free share of dividend plus capital return for their investors. They can distribute up to 90 per cent of their profits as dividend to their investors.
For Embassy REIT, simplifying the structure of Embassy Manyata from financial year 2021-22
