CAMS, CareEdge, KFintech set up dedicated platforms for REIT information
CAMS, and KFintech--along with The Indian REITs Association (IRA) have set up separate dedicated platforms to provide all key information regarding Real Estate Investment Trusts (REITs) in a bid to help investors with their decisions.
The financial services companies and IRA have taken this initiative under the guidance of the Securities & Exchange Board of India to provide comprehensive information and comparative analysis to help investors assess the performance of various Indian REITs.
As a central repository of standardised and comparable data, the Data Benchmarking Institutions (DBIs) will enhance transparency and ease of access to information in India’s emerging and promising REIT sector. This initiative is crucial for building a robust information database and improving market efficiency as the REIT sector evolves.
“By providing comprehensive and transparent insights, the platforms align perfectly with SEBI's endeavour to enhance market transparency. We believe that such initiatives will foster greater confidence among investors and contribute to the overall growth and stability of the securities market in India,” said SEBI’s Whole-Time Member Ashwani Bhatia.
Currently, there are four publicly listed REITs in India: Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. The Indian REIT market now oversees gross Assets Under Management (AUM) of over Rs 1,40,000 crore. The portfolio managed by these REITs spans approximately 125 million sq ft of
