Indian REITs distribute Rs 3,136 crore to unitholders in Q1

India's six publicly listed REITs distributed approximately Rs 3,136 crore to over 485,000 unitholders in the first quarter (April-June) of financial year 2026-27. The six are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, Knowledge Realty Trust, and Bagmane Prime Office REIT. As per SEBI, REITs must distribute at least 90% of their net distributable cash flow. The total gross assets under management of the sector reached over Rs 3.17 trillion as of Q1 end, with combined market capitalisation of over Rs 2.17 trillion as of August 11.

The Indian REITs Association said the distribution reflects healthy rental collections, improving occupancy, and disciplined capital management. Shirish Godbole, CEO of Knowledge Realty Trust and IRA chairperson, said the performance is a positive start despite global uncertainties. Since inception, the six REITs have cumulatively distributed over Rs 34,800 crore to unitholders. The REITs together manage over 214 million square feet of Grade A office and retail space across India.

Livemint reports that REITs are doubling down on expansion through acquisitions and greenfield development, backed by sustained demand for high-quality offices. Knowledge Realty Trust has a 6 million sq ft pipeline of rights-of-first-offer assets in Bengaluru, Chennai, and Pune. Brookfield REIT recently signed a Rs 13,125 crore agreement to acquire a 7.7 million sq ft Bengaluru campus. Mindspace REIT expects its development pipeline and leasing to add nearly Rs 1,800 crore to net operating income over three years.