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Over Rs 3.5 lakh crore worth asset monetisation through REITs, InvITs likely in one year: Report
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Over Rs 3.5 lakh crore worth asset monetisation through REITs, InvITs likely in one year: ReportBy
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Synopsis
With InvITs and REITs now recognised as borrowers under the SARFAESI Act, lenders to these trusts, shall have adequate statutory enforcement options, absence of which was earlier becoming a constraint for bankers to lend directly at trust level.
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In the last two years, the InvIT space had witnessed monetisation of assets worth Rs 85,300 crore.
Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) structures are expected to see healthy traction in the near to medium term, supported by the track record of entities that have already floated such structures, enabling regulatory developments and focus on attracting investments into the infrastructure space.