A Mini Course
Courtesy: Embassy REIT
Get a basic understanding of the REIT environment, globally and in India
![Mini_Course_REITs_Embassy1.jpg](https://static.wixstatic.com/media/5a6ec7_d1832a147513480b8e37ee886470faef~mv2.jpg/v1/fill/w_122,h_91,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_d1832a147513480b8e37ee886470faef~mv2.jpg)
Product suitable for...
The diagram here shows Risk-Return profile associated with the product. Will it suit your risk return appetite? Decide the same first.
Typical Structure
Quite like mutual funds, the structure has its own nuances also.
![Mini_Course_REITs_Embassy2.jpg](https://static.wixstatic.com/media/5a6ec7_f1f042c853784e7689d6c38a9819a26c~mv2.jpg/v1/fill/w_122,h_92,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_f1f042c853784e7689d6c38a9819a26c~mv2.jpg)
![Mini_Course_REITs_Embassy3.jpg](https://static.wixstatic.com/media/5a6ec7_9062dbaa14be45eda1f3bd2f4674500a~mv2.jpg/v1/fill/w_122,h_91,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_9062dbaa14be45eda1f3bd2f4674500a~mv2.jpg)
Investor Categories
A list of the various people / entities who can invest in REITs and InvITs as per SEBI guidelines
Investment Categories
A diagram of various real estate sectors where REITs may invest currently as per SEBI guidelines. Also the emphasis on completed assets that generate income.
![4.png](https://static.wixstatic.com/media/5a6ec7_d15a4f9fefb4463fbf036b29edb4c5bb~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_d15a4f9fefb4463fbf036b29edb4c5bb~mv2.png)
![5.png](https://static.wixstatic.com/media/5a6ec7_590d51bb51dc453faf4608cc0c7f5646~mv2.png/v1/fill/w_52,h_29,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_590d51bb51dc453faf4608cc0c7f5646~mv2.png)
![5.png](https://static.wixstatic.com/media/5a6ec7_590d51bb51dc453faf4608cc0c7f5646~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_590d51bb51dc453faf4608cc0c7f5646~mv2.png)
Income Distribution
Assets, Tenant and Quality : A focus for REITs. Also note the emphasis on 90% NDCF (Net Distributable Cash Flows)
![10.png](https://static.wixstatic.com/media/5a6ec7_05436f2bbe84474586325b64fa233d02~mv2.png/v1/fill/w_52,h_29,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_05436f2bbe84474586325b64fa233d02~mv2.png)
The parameters
The qualitative parameters generally followed by REITs which maket them an instrument of choice for some investors
![6.png](https://static.wixstatic.com/media/5a6ec7_397f3561c87b4b9b9d762bde8cf20dd8~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_397f3561c87b4b9b9d762bde8cf20dd8~mv2.png)
![7.png](https://static.wixstatic.com/media/5a6ec7_522672e956d9470bbb68aa32c77b45f1~mv2.png/v1/fill/w_52,h_29,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_522672e956d9470bbb68aa32c77b45f1~mv2.png)
![7.png](https://static.wixstatic.com/media/5a6ec7_522672e956d9470bbb68aa32c77b45f1~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_522672e956d9470bbb68aa32c77b45f1~mv2.png)
REITs Globally
REITs are not new in the world. Several countries have a very mature REIT market
List of REITs (Global)
A list of REITs, with the size in USD, for comparitive study of different markets
![8.png](https://static.wixstatic.com/media/5a6ec7_418b9eb2415b4724956f6995b706df60~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_418b9eb2415b4724956f6995b706df60~mv2.png)
![9.png](https://static.wixstatic.com/media/5a6ec7_d7ecdd7c23064bddb814b05d4aff800b~mv2.png/v1/fill/w_52,h_29,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_d7ecdd7c23064bddb814b05d4aff800b~mv2.png)
![9.png](https://static.wixstatic.com/media/5a6ec7_d7ecdd7c23064bddb814b05d4aff800b~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_d7ecdd7c23064bddb814b05d4aff800b~mv2.png)
REIT Landscape (India)
The office REITs that are currently listed in India. The Nexus REIT had its debut in 2023 also. However, it is a retail REIT.
![10.png](https://static.wixstatic.com/media/5a6ec7_05436f2bbe84474586325b64fa233d02~mv2.png/v1/fill/w_52,h_29,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_05436f2bbe84474586325b64fa233d02~mv2.png)
Indian REITs Snapshot
The different metrics for office REITs that are currently listed in India.
![10.png](https://static.wixstatic.com/media/5a6ec7_05436f2bbe84474586325b64fa233d02~mv2.png/v1/fill/w_122,h_69,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/5a6ec7_05436f2bbe84474586325b64fa233d02~mv2.png)