View on Sattva Group & Blackstone REIT by Shrinivas Rao, FRICS, CEO, Vestian

Below the View on Sattva Group & Blackstone REIT by Shrinivas Rao, FRICS, CEO, Vestian
“REIT market is expanding rapidly in India with the active participation of large developers and investors. The listing of the new REIT will further ease the liquidity in the real estate sector through increased participation of retail investors. REITs are an indispensable investment tool to diversify investor portfolios and provide consistent income.”
Rao further added, “According to Vestian's latest report on ‘REITs: Reshaping India’s Commercial Space’, nearly 60% of pan-India office stock is REIT-worthy across the top seven cities. The majority of REIT-worthy assets are concentrated within the commercial hubs of the top seven cities, driven by the presence of branded Grade-A office buildings in these prime locations. As the regulatory environment matures, India is likely to witness more and more REIT listings with expansion into new real estate segments. Favourable regulatory environment, better returns on investment, and a rapidly expanding office market are likely to provide impetus to the REITs market in India.”
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