Mumbai, July 7
The total volumes of public InvITs (Infrastructure Investment Trusts) traded increased by 128.23 per cent in the last two years while that of public REITs (Real Estate Investment Trusts) surged by a whopping 399.54 per cent since FY23, ICRA Analytics said in a report on Monday.
Rising investor interest amid growing confidence in yield-generating assets is leading to a good growth in volumes of REITs and InvITs publicly traded in the last two years.
REITs and InvITs are investment vehicles that allow investors, both individual and institutional, to participate in the real estate and infrastructure sectors, respectively, without directly owning properties or infrastructure assets.
“Market capitalisation of public REITs has grown by a healthy 10 per cent over FY2024. This remarkable growth underscores renewed institutional and retail investor appetite for commercial real estate-backed securities, supported by uptick in office demand and resilient rental yields,” said Madhubani Sengupta, Head-Knowledge Services, ICRA Analytics.
In terms of traded value, public InvITs grew by 115.53 per cent in the last two years while public REITs increased by 177.78 per cent since FY2023.