For the expansion of market for emerging investment instruments, Sebi is mulling over to bring in norms for follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).
The two trusts were launched in India with an aim to provide exposure to investors to real estate and infrastructure projects. This will also help them diversify their risks through pooling arrangements.
What is REIT?
The real estate investment trusts (REITS), invest mainly in completed and rent-generating real estate assets. According to investopedia, it is a company that owns, runs, or finance income-generating real estate. It is formed after seeking inspiration from mutual funds. Most of them are publicly traded like stocks, which makes them highly liquid.
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