“The InvITs and REITs market in India has grown exponentially with two of the four largest listed realty sector securities as REITs. It is now imperative that these are treated at par with listed entities. This will ensure a level playing field and offer necessary support to these nascent products that are growth drivers for the economy,” said Sigrid Zialcita, CEO, Asia Pacific Real Estate Association (APREA).
APREA has made representations to the government and statutory bodies on behalf of investors and sponsors.
Since the first listing three years ago, the market has grown quickly to seven InvITs and three REITs across infrastructure assets like roads, power transmission, commercial real estate and gas pipelines with a market capitalization of $18 billion.