India's REITs and InvITs AUM Crosses Rs 9 Lakh Cr in 9 Years; Expected to Touch Rs 25 Lakh Cr by 2030

REITs and InvITs AUM in India crosses Rs 9 lakh cr in 9 years, with expectations to reach Rs 25 lakh cr by 2030. Currently, there are five listed REITs and 27 Sebi-registered InvITs, with a combined AUM of Rs 7 lakh cr and Rs 2.25 lakh cr, respectively. Industry bodies IRA and BIA project that REITs could reach Rs 4 lakh cr by 2030, while InvITs could reach Rs 21 lakh cr.

The combined assets under management (AUM) of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in India have reached Rs 9 lakh crore in the past nine years, according to industry bodies IRA and BIA. This significant growth is expected to continue, with projections indicating that the AUM could touch Rs 25 lakh crore by 2030 [1].

Currently, there are five listed REITs in India, including Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. The market cap of these REITs is around Rs 1.5 lakh crore, signaling rising investor confidence in the instrument and its ability to provide stable cash flows [1].

There are 27 Sebi-registered InvITs, with five publicly listed on stock exchanges and 23 privately listed. The first InvIT was registered in 2016, while the first REIT got listed in 2019. The combined AUM of InvITs and REITs stands at around Rs 7 lakh crore and Rs 2.25 lakh crore, respectively [1].

Industry projections suggest that the AUM of REITs could reach around Rs 4 lakh crore by 2030, while InvITs could achieve an AUM of Rs 21 lakh crore by the same year [1]. The Indian REIT sector is poised for expansion, with at least one new listing annually over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence [2].

References:

[1] https://www.business-standard.com/pti-stories/national/reits-invits-aum-crosses-rs-9-lakh-cr-in-9yrs-may-touch-rs-25-lakh-cr-by-2030-industry-bodies-125090500889_1.html
[2] https://www.business-standard.com/industry/news/one-reit-a-year-sector-looking-at-rapid-growth-indian-reits-association-chairman-125090501262_1.html