Indian REITs Distribute ₹1,553 Crore in Q4 FY25, Marking Strong Yearly Growth

NEW DELHI: In the fourth quarter of the financial year ending March 31, 2025, four publicly listed Real Estate Investment Trusts (REITs) in India collectively distributed over ₹1,553 crore to more than 2.64 lakh unitholders.

This reflects an increase of approximately 13% compared to the ₹1,377 crore disbursed during the same period in the previous financial year, which ended March 31, 2024.

For the entire FY 2024–25, the total distribution by these four REITs climbed to ₹6,070 crore, a notable rise from ₹5,366 crore in FY24. This consistent increase represents a strong year-on-year growth of over 13%, signaling sustained investor confidence and robust sectoral performance.

Collectively, the four REITs posted a net operating income (NOI) of ₹89,100 crore in FY25, marking an increase of ₹12,474 crore from ₹76,626 crore in FY24—a healthy 16% growth year-on-year. Their overall revenue from operations also experienced a 16% jump, rising from ₹97,482 crore in FY24 to ₹1,12,802 crore in FY25—an increase of ₹15,320 crore.

Alok Aggarwal, Chairman of the Indian REITs Association, stated, “A 13% year-on-year rise in distributions highlights the strength and resilience of the REIT sector. This growth is backed by high-quality assets and strong leasing momentum, especially from Global Capability Centres (GCCs) and robust domestic demand.”

The Indian REIT sector now oversees gross assets under management (AUM) exceeding ₹1.63 lakh crore, with a combined market capitalization of more than ₹98,000 crore as of May 14, 2025. Together, these four REITs manage over 128.9 million square feet of premium Grade A office and retail space.

The four listed REITs include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.