REITs, InvITs garner Rs 55,000 cr in FY21; net assets grow to Rs 1.64 lakh cr
New Delhi: Emerging investment instruments REITs and InvITs are catching investors’ fancy as they collectively raised close to Rs 55,000 crore in 2020-21, taking their net assets to Rs 1.64 lakh crore. Of the total, Rs 40,432 crore was raised by infrastructure investments trusts (InvITs) and Rs 14,300 crore by real estate investment trusts (REITs) in 2020-21, data released by the Securities and Exchange Board of India (Sebi) showed on Wednesday.
In comparison, InvITs mobilized Rs 8,573 crore in 2019-20, while REITs did not raise any funds during the period under review.
The funds were raised through initial offer, preferential issue, institutional placement and rights issue. The total fund raising also included money collected by unlisted InvITs, Sebi noted.
