Four listed REITs disburse Rs 1,371 cr to unitholders in Apr-Jun quarter

Four publicly listed real estate investment trusts have distributed Rs 1,371 crore to their unit holders for the first quarter of this fiscal, according to industry data.

These four publicly listed real estate investment trusts (REITs) in India are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.

Indian REITs Association (IRA) data showed that in the latest June quarter, these four REITs have together distributed more than Rs 1,371 crore to over 2,45,000 unit holders.

Since their inception over the past five years, these four REITs have collectively distributed more than Rs 18,000 crore to their unit holders.

Indian REITs market now oversees gross Assets Under Management (AUM) of over Rs 1,40,000 crore.

The portfolio managed by these REITs spans approximately 122 million square feet of Grade A office and retail space across the country.

Indian REITs Association, a non-profit organization established under the ..