REITs have become one of the most discussed topic these days
The possible introduction of real estate investment trusts (REITs) in India and its impact is perhaps one of the most talked about subjects among Indian real estate experts. It’s all the more intriguing from the perspective of retail as well as institutional investors.
A REIT, in simple terms, is a group of income-producing assets backed by tangible security providing regular yield to its investors. From its start in the 1960s in the US to its current position, the REIT market has come a long way. Within Asia, many countries have attempted to build a REIT market.
It started with Japan and expanded to regions including Singapore, Hong Kong, Malaysia, and others. The most successful among these is the Singapore market, which is considered as a benchmark of a transparent, regulated and fair market for investors.
It is one of the ways to channelize the investment for the real estate sector. However it is still not sure as how well it will come out in the Indian market. It is one of the most debatable topic these days in the real estate sector.
Source: Mint
