Five Listed REITs Distribute Rs 24.5 bn in Q3 FY26

19 Feb 2026 CW Team

Five publicly listed Real Estate Investment Trusts (REITs) collectively distributed Rs 24.5 billion (bn) to more than 380,000 unitholders in the third quarter of the current financial year. The REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT and Nexus Select Trust and the information was published by the Indian REITs Association (IRA).

Together they manage a portfolio of about 185 million (mn) square feet of Grade A office and retail space across India. The listed REIT market reported gross assets under management of Rs 2.5 trillion (tn) as of the quarter, signalling the sector's scale. These metrics reflect increasing institutional ownership of high quality commercial property.

Since inception the five REITs have cumulatively distributed Rs 291 billion (bn) to unitholders, underscoring the appeal of listed property vehicles as income generating investments. Quarterly payouts contributed to investor returns and provided an alternative yield source within capital markets.

The chairperson of the IRA said the sector continues to show strong and stable performance driven by demand for quality office and retail assets in key cities. He noted that improving occupancy and rental growth, together with healthy leasing, have supported cash flows. Recent regulatory proposals to allow banks to lend directly to REITs and to establish dedicated REITs for central public sector enterprises are expected to improve access to long term capital.

The Indian REITs Association is a non profit industry body formed with support from the Securities and Exchange Board of India and the Ministry of Finance to advance the REIT sector. Founding members include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT and Nexus Select Trust, with Knowledge Realty Trust joining as the fifth member.

Resources

19 Feb 2026

CII-IGBC Announces National Leadership Transition

Confederation of Indian Industry Indian Green Building Council (CII-IGBC) has announced leadership changes effective 1 April 2026. C. Shekar Reddy, Chairman and Managing Director of CSR Estates Ltd and current National Vice-Chairman, will assume office as National Chairman, succeeding B. Thiagarajan, Managing Director of Blue Star Ltd, whose two-year tenure concludes. A. R. Unnikrishnan, Managing Director – Glass Business, Saint-Gobain India Pvt Ltd, will take over as National Vice-Chairman.Since its inception in 2001, IGBC has registered over 18,850 projects, representing more than 15.52 bi..

Hexalog Appoints AVP for Global Expansion Drive

Hexalog has appointed a new Assistant Vice President (AVP) to support its international expansion and product-led growth strategy across global trade corridors.The AVP will lead the development and scaling of new cross-border logistics products, with a focus on high-impact international trade lanes and emerging corridors. The role includes identifying unmet market needs, shaping product strategy, enabling new trade lanes and driving strategic partnerships aligned with the company’s growth agenda.The appointee will oversee product development, market expansion, trade-lane enablement and comme..

Unispace Appoints Paul Saville-King as Group CEO

Unispace has appointed Paul Saville-King as Group Chief Executive Officer, effective February 2026. The company is a global provider of integrated workplace strategy, design and construction services.“Paul brings the right mix of industry, global and leadership experience for where Unispace is heading,” said Jodi Ingham, Managing Director at PAG. “We see this appointment as an important step in strengthening the business and supporting its next phase of growth.”Paul joins from CBRE, where he most recently served as Chief Product Officer of Global Workplace Solutions and earlier as Glob..