REITs will continue to have strong potential in India in future: Experts ...Middle East

Economy by : (Business Standard) -
The real estate investment trusts (REITs) in India will continue to have "huge potential" in the future as these may expand to other asset classes such as industrial, data centre, hospitality, healthcare and education, experts said. REITs are companies that own and operate income-producing real estate, and their shares are traded on stock exchanges. "REITs in India are still at their early stages as compared to other regional markets. India's REIT market capitalisation is less than 10 per cent of that of countries like the US and Singapore and other countries in the Asia-Pacific region. "Considering the size of the Indian office market, there exists a huge potential for more REITs and expans

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