Indian REITs Distribute ₹6,070 Crore in FY25, Marking 13% Growth Amid Rising Investor Confidence

Brookfield, Embassy, Mindspace, and Nexus Select Drive Sectoral Momentum with Strong Returns​

New Delhi, May 15 — India's four publicly listed Real Estate Investment Trusts (REITs) distributed a total of ₹6,070 crore to unitholders in the financial year 2024-25, reflecting a 13 percent year-on-year growth, according to the Indian REITs Association (IRA).

This distribution surge was driven by higher rental income and portfolio expansion across the REIT platforms, including Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.

March Quarter Distributions Cross ₹1,500 Crore​

In the March quarter alone, the four REITs disbursed ₹1,553 crore to over 2.64 lakh unitholders, up from ₹1,377 crore in the same period last year. This increase underscores REITs' steady growth trajectory and investor appeal as a viable income-generating asset class.

Operational and Financial Highlights​

• Net Operating Income for FY25 stood at ₹89,100 crore, up 16% from ₹76,626 crore in FY24.
• Revenue from operations climbed 16%, from ₹97,482 crore in FY24 to ₹1,12,802 crore in FY25.
• Since inception, the four REITs have distributed ₹22,800 crore to unitholders.

Industry Leaders Speak​

Alok Aggarwal, MD & CEO of Brookfield India REIT and Chairman of the IRA, attributed the performance to strong leasing momentum, particularly from Global Capability Centres (GCCs) and robust domestic demand.

“The robust quarterly distributions and expanding investor base reflect the increasing maturity and investor confidence in India's REIT ecosystem,” he said.

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Peush Jain, MD-Commercial Leasing and Advisory at Anarock Group, noted that the steady payout rise reflects growing investor confidence.

“REITs are expected to play an increasingly significant role in shaping the office market landscape in 2025 and going forward,” he added.

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Shrinivas Rao, CEO of Vestian, emphasized the strategic role of REITs in diversified investment portfolios, saying,

“REITs are an indispensable investment tool to diversify investor portfolios and provide consistent income.”

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Expanding Footprint and Market Capitalisation​

As of May 14, 2025:

• Gross Assets Under Management (AUM) exceeded ₹1.63 lakh crore
• Combined market capitalisation surpassed ₹98,000 crore
• The four REITs manage over 128.9 million sq ft of Grade A office and retail real estate across major Indian cities

IRA: Strengthening the REIT Ecosystem​

The Indian REITs Association, established with SEBI and the Ministry of Finance's support, includes all four listed REITs as founding members. The association plays a vital role in standardizing practices, increasing awareness, and building investor trust in this rapidly maturing sector.

Conclusion​

With robust financials, growing distributions, and expanding real estate portfolios, India’s REIT sector is poised to play a critical role in shaping the country's commercial property investment landscape in the years ahead.