Commercial real estate has emerged as a bright spot in Indian property market over the last decade in terms of demand for leasing, outright purchases and even global institutional investors’ appetite for the same. Real Estate Investment Trusts (REITs) develop and own income producing real estate properties. These are special purpose vehicles with perpetual life that own and operate
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term, ensuring that REITs will attract solid investors’ interest,” said Ramesh Nair, MD & CEO, JLL India. According to various industry estimates, India has seen $43.5-billion institutional investments in real estate during the period 2016-20, nearly five times the investment of $9.4 billion made in the previous five years, mostly flowing into commercial assets, pointing at a positive outlook.