Strong Future of Commercial Real Estate REIT
Tushar Rane Executive Director - Capital Markets (Core Assets), Knight Frank India. Brookfield REITs offering is a great indicator of the strong future that commercial real estate has in India. After the successful listing of Embassy and Mindspace REITs, this rides high on the long -term investor confidence. REITs will help raise capital and improve the fund flows into the sector as well as allow greater participation from retail investors in the asset class. The commercial office space segment has been growing from strength to strength over the past few years with sustained growth in rentals across prime business districts. We expect this momentum to regain in the near future which would encourage more participants to enter the REITs market.
Tags : Interviews REIT Knight Frank India commercial real estate Tushar Rane Capital Markets