The five publicly listed Real Estate Investment Trusts (REITs) in India collectively distributed over ₹2,566 crore to more than 4.25 lakh unitholders during the fourth quarter ended March 31, 2026, according to data released by the Indian REITs Association (IRA).

For the full financial year 2025-26, cumulative distributions by the five listed REITs exceeded ₹8,900 crore. The listed REITs include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust.

As of the fourth quarter of FY26, the total gross asset value of the Indian REIT market stood at over ₹2.72 lakh crore, while the combined market capitalisation of the sector was more than ₹1.7 lakh crore as of May 22, 2026.

Collectively, the five REITs manage a portfolio of over 187 million square feet of Grade A office and retail real estate across India. Since inception, the listed REITs have cumulatively distributed more than ₹31,700 crore to unitholders.

Alok Aggarwal, Managing Director and CEO of Brookfield India Real Estate Trust and Chairperson of the Indian REITs Association, said FY26 was another landmark year for the Indian REIT industry, driven by strong growth in distributions, expansion of high-quality real estate portfolios, and rising investor participation.

“The cumulative distribution of over ₹8,900 crore in FY26 represents a robust year-on-year growth of over 50%. This significant increase underscores the resilience of the underlying assets, strong operating performance, and the sector’s ability to deliver stable and predictable cash flows to unitholders,” he said.

He added that as India’s commercial real estate market continues to evolve, REITs are steadily emerging as a preferred investment avenue for both domestic and global investors seeking transparent, professionally managed, yield generating assets. “We remain confident in the long-term growth potential of the Indian REIT ecosystem and its expanding role in India’s financial markets.”

In terms of sponsorship, global investment firm Blackstone has played a dominant role in shaping India’s REIT ecosystem. It recently backed Bagmane Prime Office REIT, which raised ₹3,405 crore through its IPO, marking another addition to the country’s expanding REIT market.

Blackstone has also been the sponsor behind multiple listed REITs, making it one of the most influential investors in the segment. It was a founding sponsor of Embassy Office Parks REIT in 2019 but exited its stake in 2023. It also backed Mindspace Business Parks REIT in 2020 before exiting in 2022. Currently, it continues to sponsor Nexus Select Trust, India’s first retail REIT, and has also supported Knowledge Realty Trust, listed in 2025.

The only major REIT not linked to Blackstone is Brookfield India Real Estate Trust, which is sponsored by Brookfield Asset Management.