REITs: Driving Institutionalization in the Commercial Real Estate Sector
Institutional investors show increasing confidence in the Indian commercial real estate sector, with the emergence of REITs presenting attractive investment opportunities. The three listed office REITs - Embassy Office Parks, Mindspace Business Parks, and Brookfield India REIT - constitute 12% of the total Grade A office stock in India, offering annualized distribution yields of 6-7%. The evolving regulatory environment, easing entry barriers, and operational resilience contribute to the positive outlook for REITs, indicating their potential to expand and diversify into various sectors, including retail, data centers, hospitality, healthcare, and education, supported by strategic partnerships and green initiatives.
Vimal Nadar
National Director & Head, Research, Colliers India
Vimal has a cumulative of about 18 years of experience and is currently working with Colliers as the Head of Research. He is responsible for leading and managing India Research operations. He focuses on thought leadership through timely and insightful content to support business growth while elevating the brand value of the company. Prior to this, he led research and thought leadership for various leading international property consulting firms. His areas of expertise include undertaking research & consulting in the areas of business assessment, demand-supply analysis, market entry strategy, strategic road mapping, etc. in sectors such as Real estate, Cement, BFSI and other sub-sectors within the infrastructure domain.
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